Strategy Reports $19.53 Billion Q3 Net Income, Up From $2.79 Billion
Strategy said rising bitcoin holdings generated a $20.91 billion gain and drove record operating income. It held 848,517 bitcoin as of Oct. 25, up 26% year to date.
Strategy (MSTR) reported $19.53 billion in net income for the third quarter, up from $2.79 billion a year earlier, as the rising value of its bitcoin holdings generated a $20.91 billion gain and drove record operating income.The company held 848,517 bitcoin as of Oct. 25, up 26% year to date, while…