Strategy reports $19.5B Q3 profit on Bitcoin gains as MSTR slips 2.5% after hours
· news_corporations · Sentiment: bullish
MicroStrategy recorded a $19.5 billion profit in Q3, driven primarily by unrealized gains on its Bitcoin holdings. The company's stock slipped 2.5% in after-hours trading despite the strong results. The figures underscore MicroStrategy’s continued success as a leveraged Bitcoin proxy, reinforcing institutional confidence in BTC as a core treasury asset.