Strategy’s $21B Quarter Is Its Biggest Ever as Saylor Sees New Bitcoin Bull Run

Strategy reported record operating profit as bitcoin gains lifted quarterly results, while Michael Saylor said a new bull market was beginning. Daily preferred dividends and a CFO transition accompanied the earnings announcement. Record operating income of $20.91 billion and diluted earnings per share of $44.75 marked Strategy Inc.’s (Nasdaq: MSTR) third-quarter results , announced Oct. 29. The bitcoin treasury and enterprise software company recognized $20.91 billion in digital asset gains, compared with $3.89 billion a year earlier. Operating income measures profit after operating expenses, before interest and income taxes; Strategy includes bitcoin valuation gains in that figure. Net income totaled $19.53 billion, including $19.12 billion attributable to common stockholders, while revenue declined 3% to $125.4 million.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Bitcoin.com News.