Strategy Posted EPS of $8.42 in Q3 Driven by Mark-to-Market Gains on Bitcoin

Strategy (MSTR), the largest corporate holder of bitcoin, reported net income of $2.8 billion, or EPS of $8.42 for the third quarter of 2025. Led by Executive Chairman Michael Saylor, the company continued to execute its aggressive bitcoin accumulation strategy. Fueled by proceeds from common and preferred stock issuances, Strategy increased its holdings to 640,031 BTC by the end of September from 597,325 at the beginning of the quarter (October purchases have since brought the company stack to 640,808). ...