#BinancePick #StrategyQ3ProfitSurges
MSTR Q3 is pure BTC leverage back: $2.8B net income vs -$340.2M loss, +$3.14B turnaround — $8.42 EPS beats $8.15 est +589% YoY, revenue $128.7M +10.9% beats $118M. Op income $3.9B with $3.89B unrealized BTC gain.
Holdings: 640,808 BTC (640,031 as Sep 30) +42,706 Q, cost $47.44B avg $74,032 → mkt $70.9B = 3.1% supply. YTD BTC yield 26% → $12.9B gain, target 30% / $20B.
Price: $254.57 -7.5% 6M low → +5.87% AH $269.51. Capital $5.1B Q3 $20B YTD mNAV 1.05x from 3.89x peak. FY25 guide $34B op / $24B net / $80 EPS on BTC $150K EOY.
MSTR Q3 is pure BTC leverage back: $2.8B net income vs -$340.2M loss, +$3.14B turnaround — $8.42 EPS beats $8.15 est +589% YoY, revenue $128.7M +10.9% beats $118M. Op income $3.9B with $3.89B unrealized BTC gain.
Holdings: 640,808 BTC (640,031 as Sep 30) +42,706 Q, cost $47.44B avg $74,032 → mkt $70.9B = 3.1% supply. YTD BTC yield 26% → $12.9B gain, target 30% / $20B.
Price: $254.57 -7.5% 6M low → +5.87% AH $269.51. Capital $5.1B Q3 $20B YTD mNAV 1.05x from 3.89x peak. FY25 guide $34B op / $24B net / $80 EPS on BTC $150K EOY.
