Strategy posts massive Q3 profit driven by Bitcoin gains

Community Trust Score Verified 86 % Real Verified 21 votes Updated 5 minutes ago Strategy reported net income attributable to common stockholders of $19.12 billion for the third quarter, a figure driven by $20.91 billion in gains on digital assets. The company released these results on October 29, alongside a snapshot of its Bitcoin holdings totaling 848,517 BTC as of October 25. The third-quarter announcement showed that operating income was approximately $20.91 billion, mirroring the gains recorded on digital assets. Diluted earnings per share reached $44.75 for the period.

Source: The Currency Analytics