THE “BITCOIN ADDICTION” STRATEGY OF STRATEGY INC: HUGE PROFITS BUT SHAREHOLDERS STILL HEADACHY
According to Bloomberg, Strategy Inc. (formerly MicroStrategy after rebranding) announced a net profit of 2.8 billion USD for Q3, equivalent to 8.42 USD/share, thanks to a strong rise in Bitcoin prices that lifted the value of their holdings to about 69 billion USD.
However, behind the “beautiful dream” figure lies a different picture: Strategy's stock has plummeted nearly 45% from the peak in November 2024. Investors are starting to doubt whether the company is sacrificing business stability to “bet” on Bitcoin.
👉 Notably, Strategy also revealed plans to issue more debt securities in foreign markets — likely to continue borrowing money to buy more BTC. The question arises: is this a long-term vision or just a “gamble” painted with temporary profits?