Strategy Reports $2.8B Q3 Profit, Bitcoin Holdings Reach 640,808 BTC

Strategy reported third-quarter profit of $2.8 billion with diluted earnings of $8.42 per share, beating analyst consensus of $8.15. The company acquired approximately 43,000 bitcoins during the quarter, bringing total holdings to 640,808 BTC valued near $69 billion at current prices. Strategy raised its STRC preferred stock dividend to 10.5% for November, up from 10.25% in October.