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Strategy reports $21 billion bitcoin gain in Q3 2026 earnings

Original: Strategy Q3 2026 earnings: $21 billion bitcoin gain

Strategy, the company formerly known as MicroStrategy, reported a $21 billion gain on its bitcoin holdings in its Q3 2026 earnings results. The company, the largest corporate holder of bitcoin, has long been closely watched as a proxy for the cryptocurrency's price movements, and the massive paper gain is drawing attention from investors tracking both corporate treasury strategy and the broader crypto market.

Why now: The company is the biggest corporate bitcoin holder, so its outsized quarterly gain reflects crypto price momentum that investors are following.

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