Strategy Posted EPS of $8.42 in Q3 Driven by Mark-to-Market Gains on Bitcoin
Market Intelligence Analysis
AI-PoweredStrategy reported an EPS of $8.42 for Q3, benefiting from mark-to-market gains on Bitcoin, which saw a nearly 7% increase in price during the quarter. Despite Bitcoin's recent struggles, the positive earnings report reflects strong performance tied to cryptocurrency fluctuations.
Market impact analysis based on bullish sentiment with 85% confidence.
Article Context
Bitcoin's action of late hasn't been great, but the price did rise nearly 7% in the three months ended September 30, boosting reported profits for Michael Saylor's firm.
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