Strategy (MSTR) reported a net income of $19.53 billion for the third quarter, driven by a $20.91 billion gain from its bitcoin holdings. The company held 848,517 bitcoin as of October 25. Separately, holders of Strategy's STRC, STRF, STRK, and STRD preferred shares approved a change to allow dividends to accrue daily, rather than on the previous schedule. Executive Chairman Michael Saylor stated that the firm is at the beginning of the next bitcoin bull market, with banks embracing bitcoin and institutional demand returning. MSTR shares fell about 3.5% in after-hours trading. CFO Andrew Kang will step down on November 5, with COO Reza Virasteh becoming CFO in January 2027.