Strategy's finance leadership changed on Thursday, November 5, after Chief Financial Officer Andrew Kang stepped down and entered an advisory period through December 31. The company announced the transition in its official third-quarter results release published October 29.
President and Chief Executive Officer Phong Le is serving as principal financial officer during the interim period and has assumed responsibility for the finance organization. Reza Virasteh, currently Strategy's executive vice president of operations, is scheduled to become executive vice president and CFO on January 1, 2027, sharing the principal financial officer role with Le.
Record Profit, Weaker Software Revenue
For the quarter ended September 30, Strategy reported operating income of 20.91 billion US dollars, including a 20.91 billion US dollar gain on digital assets. Net income reached 19.53 billion US dollars, or 44.75 US dollars in diluted earnings per share, compared with 2.79 billion US dollars and 8.42 US dollars a year earlier.
The underlying software business was weaker. Total revenue declined 3 percent year over year to 125.4 million US dollars, while gross profit fell to 89.6 million US dollars from 90.7 million US dollars. The gross margin nevertheless improved to 71 percent from 70 percent.
Bitcoin Exposure Remains Central
Strategy said it held 848,517 bitcoin as of October 25, representing 26 percent growth since the beginning of 2026. The company also reported 21.23 billion US dollars of capital raised year to date, highlighting the importance of continued access to equity and other capital markets for its treasury strategy.
Strategy stock traded at 113.18 euros on Lang & Schwarz at 16:41 CET on Friday, November 6, 2026. The quote is a current market indication rather than a closing price. For the real-time quote of Strategy stock, investors can follow the latest trading indication.
Strategy Company Snapshot
- Company: Strategy Inc.
- ISIN: US5949724083
- Ticker: MSTR
- Home exchange: Nasdaq
- Lang & Schwarz quote: 113.18 euros on Friday, November 6, 2026, at 16:41 CET
- Third-quarter period: Three months ended September 30, 2026
Broader conditions for US equities and bitcoin-linked assets remain relevant for Strategy's valuation and financing options; see current market reports.
More news and analyses are available on the Strategy stock topic page.



