Wu Blockchain (@WuBlockchain): According to Bloomberg, Strategy Inc. (formerly MicroStrategy) posted Q3 net income of $2.8 billion, or $8.42 per share, driven by unrealized gains on…
Estimated coin impact
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- BTC+20Positive
According to Bloomberg, Strategy Inc. (formerly MicroStrategy) posted Q3 net income of $2.8 billion, or $8.42 per share, driven by unrealized gains on its $69 billion Bitcoin holdings. Despite the rebound, the stock is down about 45% from its November 2024 peak amid concerns over its capital structure and Bitcoin purchase pace. The company said it is pursuing plans to issue credit securities in offshore markets. https://t.co/xTxY65pfjT