TOKENPOST
1 min read
Add as a preferred source on Google

Strategy Shares Rose 76% in Q3, Outpacing Bitcoin (BTC)

Strategy held 848,517 Bitcoin as of Oct. 25, and CFO Andrew Kang is scheduled to step down effective Nov. 5.

By John Kim
Published
Mentioned assets
A tall brass market bar stands beside a shorter copper bar / TokenPost.ai
A tall brass market bar stands beside a shorter copper bar / TokenPost.ai

Strategy’s stock price rose 76% in the third quarter, compared with Bitcoin’s 43% gain, a 33-percentage-point gap between the company’s stock and the cryptocurrency over the quarter.

Strategy released its third-quarter results Oct. 29. Its Bitcoin (BTC) holdings totaled 848,517 as of Oct. 25.

Strategy Founder and Executive Chairman Michael Saylor said, “We’re at the beginning of the next bitcoin bull market.”

Strategy CFO Andrew Kang is scheduled to step down effective Nov. 5.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…