MicroStrategy Reports Strong Q3 Income, Shares Boosted After Hours

MicroStrategy Reports Strong Q3 Income, Shares Boosted After Hours

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MicroStrategy, a company closely associated with its significant Bitcoin holdings, announced a third-quarter net income of $2.8 billion. Although this figure was lower than its record-breaking Q2 performance of $10 billion, the positive financial results were well-received by the market, leading to an uplift in the firm's share price during after-hours trading.

Saylor’s Strategy boosts after hours as firm posts $2.8B Q3 income

Strategy’s third-quarter net income was down from its record $10 billion in Q2, but still lifted its shares after the bell.