Shares in Strategy shot upwards, almost like a tomato just out of the vine, after hours, as the Bitcoin treasury firm boasted of a $2.8 billion net profit for the third quarter-a figure that might have shocked the ol’ accountants at the county fair. A slight drop from the previous quarter’s sky-high stakes, but it still left Wall Street looking like a kid with one hand open at show-and-tell. 😅
Strategy spilled the beans on Thursday, revealing a diluted earnings per share of $8.42-a figure that made Wall Street scrabble its pencils a bit to meet their own dull predictions of $8.15. ¥
$2.8 billion in income for the quarter? By gracious heavens, it was a sight to behold, soaring high from a $340.2 million loss from the same Moon cycle the prior year. Although it might leave the grand record $10 billion net income of Q2 gathering dust, it certainly continues to make a splash. 🙌
Shares in Strategy (MSTR) climbed as tidily as a tick toward $269, post-hours, after taking a small tumble during the day to near six-month lows, over $254.57-a blip in the farmer’s market of shares. 📈
With the largest stockpile of Bitcoin among public companies, Strategy surely watched with eyes bigger than a pig on truffle day as Bitcoin perked up by over 6.5% over the quarter-a boost to the company’s coffers like hay to a heart bursting stallion. 🐎
Despite recent dips (Bitcoin slipped 1.7% in a day), it held steady at $108,500, recovering from a scare. In this world, who doesn’t love a comeback story? 🙏
The drop in Bitcoin’s price and the squeeze on Strategy’s stock took its mNAV from a majestic peak of 3.89x down to 1.05x-what tales could those numbers spin about peaks and valleys. Such is the dance of numbers over these wild markets. 🕺💃
Strategy declared its Bitcoin yield had hit the high note of 26% this year, with a gain clearing the $13 billion barn ceiling, and it keeps dreaming-forever dreaming-of a 30% yield with a net income of $24 billion. Still, it does seem a bit of a gamble, like betting the last of your potatoes on a fabled prize hog. 🐷
The company rounded up some 42,706 new Bitcoin during the quarter, swelling its herds to 640,031 by September 30. As of Sunday, the count ticked up to 640,808, bought at an average cost of $74,032-half the price of a lemonade stand’s stock right out of the gate. 🥭
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2025-10-31 04:38