Strategy reports quarterly profit on bitcoin gains, shares rise
Update: 2025-10-30
Description
Strategy's Q3 Turnaround: Bitcoin Holdings Drive Massive Profit SurgeStrategy's third quarter saw a remarkable turnaround, transforming a loss from last year into a significant profit. The primary catalyst was the improving cryptocurrency climate, particularly bitcoin. With Strategy remaining the largest corporate holder of bitcoin, its financial performance was greatly influenced. Previously, losses were incurred when bitcoin's value dropped, but gains remained unrealized until sold. This dynamic changed as bitcoin soared to record highs, reaching over $107,000 per coin. Strategy's strategic buy-and-hold approach, holding over 640,000 bitcoins valued at over $47 billion, yielded a net profit of $2.78 billion in just three months. This stark contrast to last year's loss of $340 million has sparked debate among investors about the stock's alignment with bitcoin's underlying value. Despite the stock's 12% decline in 2025, bitcoin's 14% increase has kept the company's performance under close scrutiny amidst evolving digital asset regulations and institutional investor appetite.
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