Just pressing the green button seems to be doing alright…
DrSpeckles on
Reckon there’s some fancy accounting going on to get that number
coinfeeds-bot on
tldr; Bitcoin treasury company Strategy (MSTR) reported $2.8 billion in Q3 profits, driven by its continued Bitcoin accumulation strategy despite challenging market conditions. The firm holds over 640,000 BTC, valued at approximately $68 billion, making it the largest corporate holder of Bitcoin. Strategy’s stock has risen significantly since its pivot to Bitcoin in 2020, though recent months have seen declines. The company reaffirmed its full-year guidance, projecting net income of $24 billion if Bitcoin reaches $150,000 by year-end.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Friendly-Profit-8590 on
So either bitcoin gets rolling or MSTR’s stock will tank in a couple months?
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Just pressing the green button seems to be doing alright…
Reckon there’s some fancy accounting going on to get that number
tldr; Bitcoin treasury company Strategy (MSTR) reported $2.8 billion in Q3 profits, driven by its continued Bitcoin accumulation strategy despite challenging market conditions. The firm holds over 640,000 BTC, valued at approximately $68 billion, making it the largest corporate holder of Bitcoin. Strategy’s stock has risen significantly since its pivot to Bitcoin in 2020, though recent months have seen declines. The company reaffirmed its full-year guidance, projecting net income of $24 billion if Bitcoin reaches $150,000 by year-end.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
So either bitcoin gets rolling or MSTR’s stock will tank in a couple months?