Paul Johnson Saylor’s Strategy posts a $2.8 billion third-quarter income, driving a 6% after-hours surge as Bitcoin holdings power strong performance and market optimism.
Saylor’s Strategy sees after-hours boost as Bitcoin-powered income tops expectations
Saylor’s Strategy has once again proven its dominance in the digital asset treasury space, with the Bitcoin-focused firm reporting a third-quarter net income of $2.8 billion. The earnings report not only surpassed Wall Street forecasts but also sent Strategy’s shares climbing nearly 6% in after-hours trading. Despite a dip from its record-breaking $10 billion profit in the previous quarter, the company’s performance reinforced confidence in its long-term Bitcoin accumulation strategy.
The Bitcoin treasury company revealed diluted earnings per share of $8.42 for the quarter ending September 30, outperforming analyst expectations of $8.15. The strong results mark a dramatic turnaround from the $340 million loss posted during the same period last year.
Bitcoin momentum keeps Saylor’s Strategy ahead of Wall Street expectations
The after-hours rally reflects growing investor confidence in Saylor’s Strategy and its consistent Bitcoin accumulation approach. The firm’s stock had dropped more than 7.5% earlier in the day, closing at a six-month low of $254.57, before bouncing back to over $269 after the earnings announcement.
The surge in Strategy’s valuation highlights how Bitcoin’s 6.5% rise during the quarter has served as a major catalyst for its financial performance. The firm holds the largest Bitcoin portfolio among publicly traded companies, making its profitability closely tied to the cryptocurrency’s price movements.
Bitcoin, which recovered to $108,500 after briefly dipping below $106,500, remains a central factor in the company’s valuation. Although short-term volatility has impacted its market net asset value, or mNAV, which dropped to 1.05x from its November high of 3.89x, Strategy’s leadership remains focused on long-term yield expansion.
Saylor’s Strategy eyes 30 percent Bitcoin yield for 2025 as holdings expand
According to the company’s latest report, its Bitcoin yield has reached 26% so far this year, translating to an unrealized gain of $13 billion. The management reaffirmed a full-year target of achieving a 30% yield and $24 billion in net income, based on its internal projection that Bitcoin could hit $150,000 in the coming months.
The firm continued its aggressive accumulation through the third quarter, adding 42,706 BTC to its reserves, bringing the total to 640,031 BTC as of September 30. By Sunday, Strategy’s holdings had increased to 640,808 BTC, purchased at an average cost of $74,032 per coin. This sustained buying strategy underscores the company’s unwavering commitment to Bitcoin as its core treasury asset.
Saylor’s Strategy has been among the most vocal corporate advocates for Bitcoin adoption, often framing the asset as superior to traditional fiat reserves. This philosophy has not only guided the firm’s balance sheet strategy but also inspired other institutions to consider digital assets as long-term stores of value.
Market outlook remains bullish as Saylor’s Strategy bets big on Bitcoin’s next leg
The market’s reaction to Saylor’s Strategy Q3 results demonstrates how closely the firm’s stock performance mirrors Bitcoin’s trajectory. Investors continue to view the company as a proxy for direct Bitcoin exposure, amplifying both its upside potential and downside risks.
While the decline in Bitcoin’s price and Strategy’s stock has compressed mNAV levels, analysts suggest the pullback could create an opportunity for strategic buyers who believe in Bitcoin’s next rally phase. As the cryptocurrency market awaits fresh catalysts—from regulatory clarity to institutional adoption the company’s robust Q3 performance reinforces its reputation as a bellwether for Bitcoin’s broader financial ecosystem.
Saylor’s Strategy remains optimistic about the macro environment heading into the final quarter of the year. With its latest accumulation and forward guidance pointing toward an ambitious income target, the firm is positioning itself for what could be another record-breaking period if Bitcoin’s price momentum continues to strengthen.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards.
