🔥BREAKING: Strategy just posted the biggest quarter in its history. But read the fine print.
Saylor's company reported about $19.5B in Q3 net income, with $20.9B in operating income. Record numbers. It now holds 848,517 BTC, up 26% since the start of the year. 💪
Sounds like a huge win, right? Here's the catch:
• Almost all of that profit is a paper gain from Bitcoin's price going up during the quarter, not cash in the bank
• Software revenue actually fell about 3% to $125.4M
• Strategy sold roughly $432M of $BTC this year to fund preferred dividends and buybacks
• The CFO is stepping down in early November
And the timing hurts. Bitcoin is now trading around $77K, below where the quarter closed, so part of that record profit has already faded on paper. 😬
The good news for holders: preferred shareholders approved daily dividends starting Nov 1.
Still, I can't ignore it. When the biggest corporate Bitcoin buyer starts selling some BTC and slows its weekly buys, the market pays attention. That's not panic, but it's a shift.
So what do you read here: strong long-term conviction, or early warning sign? Tell me below 👇
Not financial advice. Always do your own research.
#Strategy #MSTR #Bitcoin #BTC #Crypto
Saylor's company reported about $19.5B in Q3 net income, with $20.9B in operating income. Record numbers. It now holds 848,517 BTC, up 26% since the start of the year. 💪
Sounds like a huge win, right? Here's the catch:
• Almost all of that profit is a paper gain from Bitcoin's price going up during the quarter, not cash in the bank
• Software revenue actually fell about 3% to $125.4M
• Strategy sold roughly $432M of $BTC this year to fund preferred dividends and buybacks
• The CFO is stepping down in early November
And the timing hurts. Bitcoin is now trading around $77K, below where the quarter closed, so part of that record profit has already faded on paper. 😬
The good news for holders: preferred shareholders approved daily dividends starting Nov 1.
Still, I can't ignore it. When the biggest corporate Bitcoin buyer starts selling some BTC and slows its weekly buys, the market pays attention. That's not panic, but it's a shift.
So what do you read here: strong long-term conviction, or early warning sign? Tell me below 👇
Not financial advice. Always do your own research.
#Strategy #MSTR #Bitcoin #BTC #Crypto
