Strategy Q3 Net Income of $19.53 Billion, Preferred Stock Switched to Daily Dividend Payments

According to TechFlow, on October 30, based on Strategy’s third-quarter earnings report, the company’s net income for the quarter was $19.53 billion, compared to $2.79 billion in the same period last year. Diluted earnings per share stood at $44.75, primarily driven by $20.91 billion in digital asset gains; software business revenue decreased 3% year-over-year to $125.4 million.

The company disclosed that amendments to the four preferred stock series (STRF, STRC, STRK, STRD) to switch to daily dividend payouts were approved by shareholders on October 28. STRC will begin paying daily dividends on November 1, while the other three series will start on January 1, 2027, with dividend rates and total payout amounts remaining unchanged. Additionally, according to The Block, CFO Andrew Kang will step down on November 5, and COO Reza Virasteh will assume the role in January 2027. TechFlow previously reported that Strategy recorded an operating profit of $21 billion in the third quarter.