Strategy (MSTR) Stock Drops After Earnings Despite $19 Billion Profit

TLDR Strategy (MSTR) reported Q3 net income of $19.53 billion, up from $2.79 billion a year earlier. The stock fell about 3.5% in Thursday’s after-hours trading. Strategy held 848,517 bitcoin as of Oct. 25, up 26% year to date. CFO Andrew Kang will step down Nov. 5, with Reza Virasteh taking over in January 2027. Saylor said the company could create up to $30 billion in digital credit. Strategy (MSTR) stock fell about 3.5% in Thursday’s after-hours trading. The drop came after the company posted third-quarter results and announced a CFO change.

Source: CoinCentral