MSTR

Earnings

Strategy's $19.53 Billion Quarterly Profit Includes A $4.60 Billion Tax Release, As Bitcoin Per Share Falls 11.9%

Strategy's 10-Q shows most common-stock proceeds went to dollar reserves and preferred buybacks, not bitcoin, in the third quarter.

Deals

Strategy Buys 811 Bitcoin For $65.5 Million, Funded By Common Stock Sales

The company also spent $208.2 million of cash last week to buy back its STRC preferred shares.

Earnings

Strategy CFO Andrew Kang Resigns As Bitcoin Gain Drives $20.91 Billion Operating Income

Reza Virasteh becomes CFO on January 1, while Strategy's third-quarter revenue slipped 3% to $125.4 million.

SEC Filings

Strategy Holders Approve Daily Dividends On Four Preferred Stocks, STRC First On November 1

Common stockholders backed the change by 381,373,199 votes to 2,236,551; rates and total payouts stay the same.

SEC Filings

Strategy Pays $204.9 Million To Retire Its Own STRC Preferred Shares, Buys No Bitcoin

The bitcoin treasury company funded the week's buyback entirely from cash, leaving its coin count at about 848,517.

SEC Filings

Strategy Says STRC Will Probably Pay Dividends Every Day After October 28 Shareholder Vote

Executive Chairman Michael Saylor and an investor relations director pitched daily STRC payouts in a Monday filing, and only common holders can vote.

SEC Filings

Strategy Raises Preferred Buyback Authority To $3 Billion, Buys 267 More Bitcoin

The company repurchased 1,938,780 STRC shares for $193.1 million from cash, not its dividend reserve, an 8-K shows.

SEC Filings

Strategy Declares $1.00 Of Daily STRC Dividends For November, Payable Only If Holders Approve

The daily payouts would replace the November 15 dividend if stockholders approve a new schedule at an October 28 special meeting.

SEC Filings

Strategy Spent $192.4 Million Retiring STRC Preferred Shares, Versus $21.5 Million On 250 Bitcoin

The company sold no preferred stock in the week to October 11 and funded its bitcoin buy mostly with common-stock sales.

Earnings

Strategy Estimates $20.91 Billion Bitcoin Gain For Third Quarter And Releases $4.12 Billion Tax Reserve

An 8-K shows a $4.12 billion tax asset write-down reversed, cutting estimated deferred tax expense to $1.88 billion, in unaudited figures.