🇺🇸 STRATEGY
Strategy reports $19.5 billion Q3 net income as preferred shareholders approve daily dividends

💡 Why it matters: The huge profit likely comes from revaluing the Bitcoin it holds rather than from regular operations, so results may swing sharply from quarter to quarter. Daily dividends could attract buyers to the preferred shares, but the company has constant payouts to cover.

✅ Winners: Strategy shareholders, holders of preferred shares

#Crypto #Stocks