Bitcoin treasury Strategy is back in the black after the rising price of the leading cryptocurrency gave the firm paper gains of $21 billion last quarter, its founder and chairman Michael Saylor has said. 

The Nasdaq-listed company last week also spent $28.7 million on 334 bitcoins last week, according to a Monday filing. The firm’s stock (MSTR) jumped earlier trading hours in New York before dipping slightly; it was recently priced nearly 2% higher. 

Bitcoin’s price shot up over 40% in the third quarter of this year, having its best three months in years. 

Strategy reports a $21 billion gain on digital assets in Q3 2026. Last week, we acquired 334 $BTC and…

Read more on BitcoinMagazine