- Q3 profit $44.75/share vs estimate $20.19
Strategy's Q3 profit surged on a $21 billion unrealized Bitcoin gain, but Bitcoin yield turned negative 3.7% YTD due to share dilution. Revenue missed estimates. The company slowed Bitcoin purchases and diverted capital to preferred share buybacks. MSCI may exclude Strategy from indexes on Nov. 11, risking passive selling. Shares fell 5.4% premarket.
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