# Strategy CFO to Step Down as Company Posts Record Operating Income

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/44498
Published: 2026-10-30T10:00:23.000Z
Updated: 2026-10-30T10:00:23.000Z
Section: Business

> The $20.91 billion result included a matching gain on digital assets, while revenue fell 3% year over year to $125.4 million.

Strategy said Chief Financial Officer Andrew Kang will step down Nov. 5 as it reported record third-quarter operating income of $20.91 billion, a company record that included a matching gain on digital assets.

Kang informed Strategy on Oct. 26 that he planned to resign, effective Nov. 5. He will remain as an adviser through Dec. 31.

Chief Executive Officer Phong Le will lead the finance organization during the transition. Reza Virasteh is scheduled to become CFO Jan. 1, 2027, and serve as co-principal financial officer alongside Le.

For the quarter ended Sept. 30, Strategy posted net income of $19.53 billion, or $44.75 per diluted share. Net income attributable to common stockholders was $19.12 billion. Revenue was $125.4 million, down 3% from a year earlier. Operating income was $3.89 billion in the year-earlier quarter.

As of Oct. 25, Strategy held 848,517 [Bitcoin (BTC)](<https://www.tokenpost.com/news/business/42268>), valued at $68.90 billion using a reference price of $81,200 per coin on Oct. 23.



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