Strategy Reports $19.53 Billion in Q3 Net Income, Discloses $431.8 Million in Bitcoin Sales
Strategy reported net income of $19.53 billion for the third quarter of 2026, a substantial increase from $2.79 billion in the same period a year earlier, according to information reported by Wu Blockchain. The company attributed the result largely to $20.91 billion in gains on digital assets, while also disclosing that it had sold approximately $431.8 million worth of Bitcoin year-to-date to help fund preferred stock dividends and repurchases of its STRC shares.
Digital Asset Gains Drive Quarterly Earnings
Strategy's third-quarter net income rose from $2.79 billion in Q3 2025 to $19.53 billion in Q3 2026. Digital asset gains of $20.91 billion were the primary factor identified in the report behind the latest quarterly result.
The figures highlight the significant role that changes in the value of Strategy's digital asset holdings can play in its reported financial performance. However, the reported net income and digital asset gains are distinct figures and should not be treated as interchangeable measures.
Strategy Discloses Bitcoin Sales and Holdings
Despite continuing to hold a substantial Bitcoin position, Strategy disclosed that it had sold approximately $431.8 million worth of BTC year-to-date in 2026. According to the information shared by Wu Blockchain, the proceeds helped cover part of the company's preferred stock dividend payments and fund STRC share repurchases.
As of October 25, 2026, Strategy held 848,517 BTC. Its Bitcoin holdings had increased by 26% year-to-date, while the company had purchased $14.33 billion worth of Bitcoin during 2026.
The reported figures show that Strategy continued to accumulate Bitcoin during the year while also selling a portion of its holdings to support specific financial obligations and capital transactions. The approximately $431.8 million in year-to-date sales and the $14.33 billion in Bitcoin purchases represent separate reported figures, reflecting different activities within the company's Bitcoin strategy.
The October 25 holdings figure provides a snapshot of Strategy's Bitcoin position at that date. The 26% year-to-date increase describes the reported growth in its holdings, while the $14.33 billion figure measures the value of Bitcoin purchased during 2026.
Strategy Announces CFO Transition
The company also disclosed a leadership change in its finance department. Chief Financial Officer Andrew Kang is scheduled to step down on November 5, 2026, while Reza Virasteh is set to succeed him on January 1, 2027.
The transition places the finance leadership change alongside Strategy's reported quarterly earnings, Bitcoin purchases and sales, and preferred stock-related transactions. The information reported by Wu Blockchain identifies the departure date for Kang and the planned start date for Virasteh, but does not provide further details about the transition.
As of October 25, Strategy's reported Bitcoin holdings stood at 848,517 BTC, following $14.33 billion in Bitcoin purchases during 2026 and a 26% year-to-date increase in its holdings.
Writer: Victoria HaleTechnology & Blockchain WriterVictoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.She prioritises clarity and accuracy when explaining technical developments to a general audience.
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