Strategy Inc. Reports Record Q3 2026 Earnings
TYSONS CORNER, Va., October 29, 2026 – Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR), the world’s first Bitcoin Treasury Company and largest institutional holder of bitcoin, has announced its financial results for the third quarter ending September 30, 2026. This period marked a significant milestone for the company, demonstrating exceptional growth across various digital asset sectors.
Financial Performance Highlights
- Operating Income: The company achieved an unprecedented operating income of $21 billion for Q3 2026.
- Diluted Earnings Per Share (EPS): Reported diluted EPS stood at $44.75
- Digital Assets Gains: A gain of $20.91 billion on its digital assets was recorded for the quarter.
Digital Capital Growth
As of October 25, 2026, Strategy Inc. reported:
- Holdings of 848,517 bitcoins, reflecting a 26% year-to-date growth.
- A total of $14.33 billion invested in bitcoin purchases during the current fiscal year.
Digital Equity Performance
The third quarter saw:
- Net income attributable to common stockholders reaching $19.12 billion.
- The company raised a total of $21.23 billion in capital year-to-date, positioning itself as the fourth largest equity issuer in the U.S.
- MSTR stock price increased by 76% compared to a 43% increase in bitcoin (BTC) during this quarter.
Digital Credit Developments
In another key area, Strategy successfully navigated challenges with:
- The restoration of STRC (special preferred stock) through repurchases totaling $2.04 billion.
- Growth of USD assets to $5.07 billion, providing coverage for 3.4 years on dividend obligations.
- New daily dividends announced for STRC starting November 1, 2026, enhancing shareholder value.
Leadership Insights
Commenting on the results, Phong Le, President and CEO, stated, “Strategy demonstrated its commitment to returning STRC to health. Daily dividends are a natural step toward the tokenized, 24/7/365 financial system.”
Andrew Kang, Chief Financial Officer, highlighted the significance of this quarter: “Q3 operating income of $21 billion was the largest ever in Strategy’s history.” He also acknowledged the support received during his tenure as CFO.
Michael Saylor, Founder and Executive Chairman, emphasized the optimistic market outlook, stating, “We’re at the beginning of the next bitcoin bull market.”
Sector-Specific Summaries
Bitcoin Holdings Overview
The company’s bitcoin yield for the year to date stands at (3.7)%, with a total loss of $(2.03 billion based on market fluctuations. Per bitcoin costs average at $75,446 against a market valuation of $81,200 as of October 23, 2026.
Capital Markets Developments
The company’s at-the-market offering program resulted in proceeds of approximately $5.41 billion in Q3. A focus on managing capital allocation continues to be a priority for Strategy.
Future Guidance
Looking ahead, the company anticipates that its preferred equity distributions may be treated as non-taxable returns of capital, reflecting ongoing strategic financial management and shareholder commitment.
Conclusion
As Strategy Inc. forges ahead, the results of Q3 2026 signal a robust recovery and growth pathway for the company. The commitment to digital capital innovation positions Strategy for potential future success in both digital assets and enterprise analytics markets.
For further details, interested parties can view the full earnings call on YouTube or X.
Contact Information
For queries, please contact:
CJ (Chaitanya Jain)
Head of Investor Relations
ir@strategy.com
