Strategy reports record Q3 operating income and shareholders approve daily dividends on four preferred series
Strategy Inc. released its Q3 2026 results, posting $20.91 billion of operating income and diluted GAAP EPS of $44.75, driven by a $20.91 billion unrealized gain on its bitcoin holdings. The same filing disclosed that shareholders voted 99.3% in favor of amending four preferred‑stock series to accrue daily dividends, with STRC starting on Nov 1, 2026 and STRF, STRK and STRD beginning Jan 1, 2027. The company also announced CFO Andrew Kang’s resignation and a $2.04 billion repurchase of 20.98 million STRC shares.
Why it matters
The earnings beat and massive bitcoin‑related gain lift Strategy’s cash position and may support further preferred‑stock buybacks, while the daily‑dividend amendment changes the cash‑flow timing for preferred shareholders. The CFO departure could affect financial‑strategy execution.
Key facts
- 1Shareholders approved the daily‑dividend amendment with 99.3% of votes in favor. news.bitcoin.com
- 2STRC will begin daily dividends on Nov 1, 2026; STRF, STRK and STRD will start on Jan 1, 2027. news.bitcoin.com
- 3Q3 operating income was $20.91 billion, the largest in company history. bitcoinmagazine.com
- 4Diluted GAAP EPS was $44.75, beating estimates by $21.86. seekingalpha.com
- 5Revenue was $125.4 million, a 3% YoY decline and below analyst estimates of $127.2 million. bitcoinmagazine.com
- 6The company recorded a $20.91 billion unrealized gain on its bitcoin holdings. bitcoinmagazine.com
Summary written by AlphAI AI Desk from 20 of 28 sources. Not investment advice. Figures are as stated by the linked sources.