Strategy Co.'s Q3 net profit reached $19.53 billion, with digital asset gains contributing $20.91 billion; $432 million in Bitcoin sold during the year.
Strategy's Q3 net profit reached $19.53 billion, with digital asset gains contributing $20.91 billion; $432 million in Bitcoin was sold during the year. The company's Q3 net profit was significantly higher than the $2.79 billion in the same period last year, primarily due to $20.91 billion in gains from digital assets. Strategy also disclosed that it had sold approximately $431.8 million worth of Bitcoin during the year to pay for a portion of preferred stock dividends and STRC stock repurchases. As of October 25, Strategy held 848,517 Bitcoin, having increased its Bitcoin holdings by $14.33 billion during the year, representing a 26% year-over-year increase in holdings. Additionally, the company's CFO, Andrew Kang, will step down on November 5, and Reza Virasteh will take over on January 1, 2027.
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