Michael Seiler sees Bitcoin's next bull market starting as Strategy reports $19.5 billion in Q3.
Strategy reported net income of $19.53 billion in the third quarter of 2026, which was mainly due to a $20.91 billion profit from Bitcoin holdings, despite a 3% decline in revenue.
The company held 848,517 bitcoins worth $68.9 billion, with a negative BTC yield of 3.7%, while Michael Seiler expressed optimism about a new bull market for bitcoin.
CFO Andrew Kang is stepping down for personal reasons, with Reza Virsta set to become co-CFO effective January 1, 2027.