Strategy Inc Q3 ’25: $3.9B Bitcoin Gain & Market Cap Jump
Strategy Inc, wey be di biggest corporate Bitcoin holder, report say dem get $3.9B unrealized Bitcoin fair-value gain for Q3 2025. Dem 640,031 BTC stock reach $80.3B for Sept 29, as Bitcoin rally strong. Dis gain push Strategy market cap pass Coinbase, make dem be 106th biggest US public company. Dis gain trigger $1.12B deferred tax expense. MSTR stock don climb 25% since start year, peak reach $365 for premarket. To pay for purchase, di company raise $5.09B through preferred share IPO and at-the-market equity programs, still get $46.3B issuance capacity. Dem stop to buy Bitcoin for first time since April, align wid $140M dividends, dem talk say na quarter-end adjustment, no be strategy change. Traders suppose sabi say Strategy get leveraged Bitcoin exposure and e fit make market volatility even more.
Bullish
Di report dey show say demand for Bitcoin from companies still dey strong, as Strategy Inc get $3.9B unrealised gain and dem hold 640,031 BTC, wey mean say dem dey support the asset well for long term. Dem dey raise equity and stop buying for now to manage risk well, but the company big leverage and large deferred tax wahala fit make price waka anyhow. Overall, the steady accumulation by institutions and market cap milestones show say Bitcoin get better momentum, but short term e fit get more wahala for price changes.