MicroStrategy Strategy Q3 financial report shines: profit reaches 2.8 billion USD, supported by Bitcoin.

The world's largest Bitcoin enterprise, Strategy Inc (NASDAQ: STRF/STRC/STRK/STRD/MSTR), announced its financial report for the third quarter of 2025, showcasing the continued effectiveness of its “Bitcoin + Digital Finance” strategy. The company achieved a net profit of 2.8 billion dollars this quarter, with diluted earnings per share (EPS) reaching as high as 8.42 dollars, and plans to surpass a total net profit of 24 billion dollars for the year.

( S&P assigns MicroStrategy a “B-” rating: high Bitcoin exposure, capital structure unusually weak )

Strong Profits: From Losses to Great Earnings, the Strategy Achieves Remarkable Results

Strategy Inc's operating revenue in the third quarter of this year reached 3.9 billion USD, showing a dramatic turnaround compared to a loss of 430 million USD in the same period last year. Net profit flipped from a loss of 340 million USD last year to a profit of 2.8 billion USD, marking the company's second consecutive quarter of strong positive earnings.

CFO Andrew Kang stated, “We have created a stable cash flow and value growth based on Bitcoin assets, combined with innovations in digital credit. We are confident in our annual profit targets and are moving forward with an EPS of $80 per share as our benchmark.”

Bitcoin positions further expanded, with the number of coins held exceeding 640,000.

As of October 26, 2025, Strategy's Bitcoin holdings have reached 640,808 coins, with a total cost of 47.44 billion USD, an average cost of approximately 74,032 USD per coin, and a market value of 70.9 billion USD.

As the market price of Bitcoin is around $110,600, the Strategy achieved an annual BTC yield of 26%, not far from the annual target of 30%, and generated $12.9 billion in Bitcoin dollar gains (BTC $ Gain).

Capital operations are flexible, raising over 5 billion dollars.

In the third quarter, Strategy raised a total of 5.1 billion USD through multiple equity and preferred stock issuances, which includes:

2.2 billion dollars from Class A common stock ATM issuance

$250 million from STRC preferred stock initial public offering (IPO)

Other include a total of billions of dollars in the issuance of STRK, STRF, and STRD preferred shares.

Currently, the company has over 4.2 billion dollars in issuance capacity that has not yet been activated in four preferred stock plans.

High yield strategy, STRC dividend raised for four consecutive months.

Since the IPO in July, the monthly yield of STRC preferred shares has increased from 9% to 10.5%. The company has adopted a “value-oriented” rules-based dividend adjustment framework, which automatically assesses whether to adjust the interest rate based on the monthly market price, with the goal of keeping the stock price close to the $100 issue price.

The software business has shown steady growth, with SaaS revenue being a highlight.

Although Bitcoin is the highlight, the AI data analysis and enterprise software business under Strategy should not be overlooked:

Total revenue was $129 million, a year-on-year increase of 10.9%.

SaaS subscription service revenue reached 45.97 million USD, a year-on-year increase of 65.4%.

Gross profit is 90.68 million USD, with a gross profit margin of 70.5%.

These figures prove that their enterprise services remain competitive and do not rely entirely on Bitcoin for growth.

Expect Bitcoin to reach 150,000 USD by the end of the year.

Strategy expects Bitcoin to reach 150,000 USD by the end of the year, and reiterates the annual target based on this.

Revenue: 34 billion USD

Net Profit: 24 billion USD

BTC $ Gain: 20 billion USD

BTC Yield: 30%

CEO Phong Le emphasized: “We will continue to make good use of capital market operations, increase our layout of international credit instruments, and create a world-leading digital credit issuer.”

Transforming from a traditional enterprise into a Bitcoin whale, Strategy not only amazes the market with its financial reports but also strengthens the investment and application potential of crypto assets through diverse financial tools. Although this path is full of volatility and risks, their operational model may be outlining a new path for digital capital in the future.

This article MicroStrategy Strategy Q3 financial report is impressive: profits reach 2.8 billion USD, supported by Bitcoin revenue, first appeared in Chain News ABMedia.