Growth
Strategy Posts Record Operating Income
Strategy reported record $20.91 billion in Q3 2026 operating income, driven by Bitcoin's rebound. The company's bitcoin holdings were worth $68.9 billion at the end of October, resulting in a net income of $19.53 billion per diluted share, up from $2.79 billion a year earlier. Total revenue fell 3% to $125.4 million, below analyst estimates, while gross profit increased to $89.6 million, a 71% margin compared to 70% the previous year. The company ended the quarter with $2.50 billion in cash and $3.40 billion in short-term investments.