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Strategy logs $19.5B quarterly profit on bitcoin holdings
Strategy posted $19.53 billion in net income for Q3, driven by a $20.91 billion gain on its bitcoin holdings. The company now holds 848,517 BTC and its preferred shareholders have approved a shift to daily dividends.
What do you think drives a company to tie its dividend schedule to crypto performance?
#strategy #bitcoin #corporatetreasury #quarterlyearnings #dividends
Source: The Block