Strategy (MSTR) Posts Record Operating Income as Bitcoin Rebounds in Q3 2026

Strategy (MSTR) achieved a record $20.91 billion in operating income during the third quarter of 2026. This significant financial performance was primarily attributed to the rebound in Bitcoin's price. However, the company also experienced a decline in overall revenue, negative year-to-date yield from its Bitcoin holdings, and ongoing financial obligations related to funding preferred dividends.

Strategy reports $19.5 billion in Q3 net income as preferred shareholders approve daily dividends

Strategy, a significant corporate entity, has announced its third-quarter financial results, reporting an impressive net income of $19.53 billion. A substantial portion of this profitability, specifically $20.91 billion, was directly attributed to gains from its Bitcoin holdings. The company maintains a considerable treasury, currently holding 848,517 BTC. In addition to its financial performance, Strategy has also made changes to its shareholder remuneration policy, with preferred shareholders now approved to receive daily dividends.

$11 Billion in Bitcoin Options Expire Tomorrow—Here's What It Means

4M Bitcoin Bought Above $85K Could Cap Recovery: Glassnode

According to Glassnode analysis, approximately 4 million Bitcoin were acquired at prices exceeding $85,000, a factor that could potentially limit the scope of any future price recovery for the cryptocurrency. The report notes that Bitcoin's current trading value is closely aligned with the average purchase price of holders in U.S. spot Bitcoin ETFs. This market observation comes in the wake of the Federal Reserve's decision to maintain interest rates, underscoring the influence of macroeconomic policy on Bitcoin's market performance.

Franklin Templeton Officially Launches 2 Bitcoin DRIP ETFs That Turn Dividends Into Bitcoin

Franklin Templeton has officially launched two new Bitcoin Dividend Reinvestment Plan (DRIP) Exchange Traded Funds (ETFs), FBEQ and FIBT. These Bitcoin-focused ETFs commenced trading today on the Nasdaq, offering a novel investment product designed to reinvest any generated dividends directly back into Bitcoin.

Why Switzerland’s first genuine spot bitcoin ETF could soon attract overseas banks and brokers

The article highlights Switzerland's introduction of its first genuine spot Bitcoin exchange-traded fund (ETF). It emphasizes that the SIX Swiss Exchange has confirmed international access for this product, suggesting it is poised to attract significant interest from overseas banks and brokerage firms. Furthermore, the Swiss Financial Market Supervisory Authority (FINMA) is noted to have provided an explanation for its decision to approve the fund. While primarily centered on Bitcoin, the article also briefly mentions the possibility of future Ether and Solana ETFs, indicating a broader regulatory discussion but maintaining the primary focus on the landmark Bitcoin offering.

Understanding the Various Bitcoin Per Share Metrics

This article, published in Bitcoin Magazine and authored by Allard Peng, aims to elucidate the various financial metrics related to Bitcoin on a per-share basis. It introduces key concepts such as 'Bitcoin per share,' 'Bitcoin per assumed diluted shares,' and 'Net Bitcoin per share,' indicating an in-depth exploration of how these metrics are defined, calculated, and what their implications are for understanding a company's Bitcoin holdings or performance. The piece promises to guide readers through the complexities of these specialized financial indicators within the Bitcoin ecosystem.

Senator Bill Hagerty: Expanding the U.S. Strategic Bitcoin Reserve, & the Future of Dollar Hegemony

Senator Bill Hagerty discusses critical issues surrounding Bitcoin and U.S. financial policy, emphasizing the potential for expanding a U.S. Strategic Bitcoin Reserve and its implications for the future of dollar hegemony. He outlines his concerns regarding Central Bank Digital Currencies (CBDCs), viewing them as a threat to individual freedom. Furthermore, Hagerty addresses how regulatory ambiguity in the digital asset space has enabled overreach by the SEC, highlighting the need for clearer legislative action. The article, sourced from Bitcoin Magazine, also touches upon potential accomplishments Congress could achieve in these areas before the upcoming January session.

Morning Minute: Hedge Funds Left the BTC ETF Trade and Sovereign Wealth Stepped In

The article reports a significant shift in the Bitcoin Exchange-Traded Fund (ETF) market dynamics. It highlights that hedge funds, which were previously active in the BTC ETF trade, have reportedly exited this position. This vacuum has been filled by a notable entry of sovereign wealth funds, indicating an evolving institutional landscape for Bitcoin investment. This change in institutional players coincides with a strong performance for BTC ETFs, which have collectively seen inflows exceeding $400 million within the past week alone. These substantial capital injections have been instrumental in pushing the Bitcoin ETFs into positive territory for the current month, effectively reversing any prior losses. This positive momentum is now setting an optimistic outlook for the market's performance as it heads into November, suggesting sustained and perhaps growing interest from powerful, long-term institutional investors.

As $10 billion in bitcoin options near expiry, the tell is in the pricing

Bitcoin lending and yield could drive next wave of institutional demand, Rootstock says

Live updates: Bitcoin clings to $80,000 as Strategy’s cushion thins before earnings

The article reports that Bitcoin experienced a nearly 2% price dip ahead of MicroStrategy's third-quarter earnings announcement. This movement has significantly reduced the profit margin on the Bitcoin holdings of the largest corporate holder, which now sees its coins valued only approximately 6% above their original purchase price. This highlights the impact of recent market fluctuations on institutional Bitcoin investments and their financial reporting.

Bitcoin ETFs add $137M, pushing October back into the green

Bitcoin Exchange-Traded Funds (ETFs) recently experienced a notable surge in capital, adding $137 million in investments. This influx was significant enough to reverse October's earlier negative trend, pushing the month's overall performance into positive territory. Over a concentrated period of three days, these Bitcoin-specific investment vehicles successfully attracted a substantial $424 million. As a result of these strong inflows, the net total for October reached $111 million. This positive outcome is particularly noteworthy given the prevailing market conditions, which included a hawkish stance from the Federal Reserve and a generally weaker sentiment across the broader cryptocurrency market.

Bitcoin Treasury Datavault AI Says It Can’t Access Its BTC, Stock Tanks

Datavault AI, identified as a Bitcoin Treasury, has publicly disclosed its inability to access or withdraw its Bitcoin holdings from the platform Biconomy. This issue has reportedly persisted since June, leading to significant financial repercussions for the company. As a direct consequence of this access problem, Datavault AI is compelled to restate four of its previously published financial reports. These particular reports are linked to a major $150 million transaction involving Scilex. The incident underscores the critical importance of secure and reliable custodial solutions for institutional holders of Bitcoin and the potential operational and financial challenges associated with third-party platforms.

Bitcoin-backed mortgages are coming to Canada, but borrowers are still unaware of the cost

The article introduces the forthcoming availability of Bitcoin-backed mortgages in Canada, emphasizing a crucial risk for prospective borrowers: the possibility of collateral liquidation should Bitcoin's price experience a significant decline. However, the report also notes that APX, a company involved in these offerings, has stated that property collateral and cryptocurrency collateral will be managed distinctly to address such concerns.

Wall Street’s Fast Money Fled Bitcoin ETFs, Sovereign Funds Stepped In

According to research conducted by Galaxy, a significant shift in institutional investment in Bitcoin spot ETFs has been observed. The analysis indicates that nine major hedge funds and banks collectively divested approximately 68,000 BTC from their spot ETF holdings. This reduction is primarily linked to the drying up of the cash-and-carry trade, a strategy that previously offered arbitrage opportunities. Counterbalancing this divestment, the research highlights that wealth management platforms and sovereign funds have actively increased their exposure to Bitcoin spot ETFs. This suggests a rotation of institutional capital and a potential long-term accumulation trend from different types of institutional players, even as short-term arbitrage opportunities diminish.

Bitwise raises bitcoin price target to $1.6 million by 2036, projects 34% annualized returns

Google Cloud outlines MPC service for institutional Bitcoin custody

Google Cloud has announced the preview of its new Multi-Party Computation (MPC) service, specifically tailored for institutional Bitcoin custody. This development was detailed during a New York symposium organized by Google Cloud, which had a primary focus on digital asset security. The service aims to offer advanced security protocols for large organizations managing Bitcoin holdings.

Luxor Announces $16M Funding Round to Scale AI Compute, Derivatives

Galaxy Asset Management: “Now Is The Time” to Buy Bitcoin

Galaxy Asset Management is advocating for investors to buy Bitcoin now, asserting that 'the bottom is in.' Alex Thorn, an analyst at Galaxy, provides a technical rationale for this recommendation. He highlights that Bitcoin's historical performance shows that once it reclaims its 50-week moving average, the subsequent downside movement for the asset has typically been constrained to only about 8.4%. This analysis suggests a strong potential for limited risk and an opportune entry point for Bitcoin investment, according to Galaxy Asset Management.

Samara Asset Group CEO: Bitcoin Treasury Companies a “Disservice to Shareholders”

Samara Asset Group CEO, Patrick Lowry, contends that companies merely holding Bitcoin as a treasury asset ("pure treasury plays") are doing a disservice to their shareholders. Lowry critiques the "digital gold" marketing narrative as being flawed, suggesting it misrepresents Bitcoin's full potential for corporate strategy. He explains that the market seems to reject static Bitcoin treasury approaches and highlights Samara Asset Group's alternative strategy. Instead of passive holding, Samara actively deploys BTC as working capital within its operations. This article, originally featured in Bitcoin Magazine, aims to elaborate on why certain corporate Bitcoin strategies may be failing and offers insight into a more dynamic utilization of Bitcoin for businesses.

Bitcoin ETF inflows climb to $176M as BTC rebounds above $80K

Recent data highlights significant positive activity for US spot Bitcoin Exchange-Traded Funds (ETFs), with inflows climbing to $176 million. Over a two-day span, these ETFs attracted a substantial $286 million, a development that notably narrowed the net outflows for October to just $26 million. This renewed institutional interest and capital influx occurred as Bitcoin's price rebounded above the $80,000 mark, with the broader Crypto Fear & Greed Index maintaining a neutral stance.

Bitcoin treasury Datavault AI plunges 50% after firm says it can’t access its BTC

Datavault AI stock plummets 50% after firm says it cannot withdraw bitcoin tied to $150 million deal