Strategy Inc. Swings Back to $2.8B Q3 Profit as Bitcoin Gains Reignite Balance Sheet

TLDR: Strategy Inc. recorded $2.8B in Q3 profit driven by unrealized Bitcoin gains on its $69B crypto portfolio. The firm’s stock remains 45% below its November 2024 peak despite strong quarterly performance. Bitcoin gains fueled a rebound in Strategy Inc.’s books, reversing earlier losses from its leveraged exposure. The company plans to issue credit securities [...]

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