Michael Saylor Sees Next Bitcoin Bull Market Beginning as Strategy Reports $19.5B in Q3 Net Income

Dextape brief

By Dextape Desk · October 30, 2026

Strategy reported third-quarter 2026 net income of $19.53 billion, up from $2.79 billion a year earlier. A $20.91 billion bitcoin-related gain drove most of that. Revenue fell 3% from a year earlier, to $125.4 million, while gross profit reached $89.6 million at a 71% margin. As of October 25, the company held 848,517 bitcoin, worth $68.9 billion against an original cost of $64.02 billion. Its BTC Yield was negative 3.7%, and it appears to have paused bitcoin purchases to repurchase STRC shares. Chief Financial Officer Andrew Kang will step down on November 5 for personal reasons. Reza Virasteh will become co-principal financial officer from January 1, with Phong Le serving as CEO and president.

Why it matters: The results combine a large gain tied to bitcoin holdings with softer revenue, alongside a finance leadership change at a major corporate bitcoin holder.

Mentioned: Bitcoin

Summary by Dextape, based on reporting by CryptoPotato. Written with AI from the publisher’s text and checked automatically for copied wording and unsupported figures. Not investment advice.