Michael Saylor’s Strategy (MSTR) Reports $2.8B Q3 Net Income, Bitcoin Gains Soar

Michael Saylor’s Strategy (MSTR) announced a $2.8 billion net income for the third quarter, with diluted EPS of $8.42, beating analyst expectations. As of October 26, 2025, the company held 640,808 BTC, acquired at an average price of $74,032. The year-to-date Bitcoin yield reached 26%, generating $12.9 billion in gains. Total Q3 revenues were $128.7 million, surpassing forecasts. Saylor remains extremely bullish, projecting Bitcoin could hit $150,000 by year-end 2025 and up to $1 million within four to eight years, viewing current prices as a "99% discount." Strategy's long-term vision involves building a trillion-dollar Bitcoin balance sheet, leveraging Bitcoin-backed credit markets for high yields, and embedding Bitcoin across corporate and sovereign balance sheets.

(Source：Bitcoin Magazine)