Saylor calls new Bitcoin bull market, but Strategy’s own numbers reveal a costly problem
Strategy posted a record $20.9 billion in third-quarter operating income as Michael Saylor declared a new Bitcoin bull market. The company's Oct. 29 financial results showed net income of $19.5 billion, compared with roughly $2.8 billion a year earlier. The record operating income came almost entirely from a $20.9 billion gain from changes in the… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Key Takeaways
- Strategy posted a record $20.9 billion in third-quarter operating income as Michael Saylor declared a new Bitcoin bull market.
- 29 financial results showed net income of $19.5 billion, compared with roughly $2.8 billion a year earlier.
- The record operating income came almost entirely from a $20.9 billion gain from changes in the… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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