Strategy, formerly MicroStrategy, reported a third-quarter net income of $19.53 billion, up significantly from $2.79 billion last year. This surge is mainly due to a $20.91 billion increase in the value of its bitcoin holdings, which total 848,517 BTC acquired at an average price of $75,446 each. The company's earnings are highly sensitive to bitcoin price fluctuations, highlighting the impact of cryptocurrency market dynamics on its financial results. Investors should watch bitcoin prices and regulatory changes closely, as these factors could affect future performance and valuation.
Strategy's Q3 net income surged to $19.53 billion, driven by bitcoin value gains. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 30, 2026 02:41 WIB: Out of 50 major cryptocurrencies, 11 rose and 37 fell. Notable movers include BAL at Rp16.297 (+11.14%), EOS at Rp12.649 (+8.13%), and CRV at Rp5.816 (-4.87%) with a 99% buy order activity and typical hold time of 62 days on Pluang.
iHerb Holdings appointed Jordan Sweetnam, eBay's Chief Commercial Officer, as an independent director to its board. Sweetnam brings extensive experience in global eCommerce, having held senior roles at eBay and Walmart, and will support iHerb's expan...
Ipsos has appointed Mitch Barns as Chairman and CEO for the Americas region, effective November 2, 2026. Barns brings extensive leadership experience from his previous roles as Global CEO of Nielsen and CEO of The Opus Group, positioning him to drive...
SAP, a global enterprise software leader, will merge its North Texas operations into a new office in Addison, Texas, relocating about 1,000 employees from Plano and Allen. The new Spectrum Center location will house business operations, software deve...
Smithfield Foods, a leading American food company specializing in packaged meats and fresh pork, announced a quarterly dividend of $0.3125 per share. The dividend will be paid on November 25, 2026, to shareholders recorded by November 12, 2026. This ...
Microsoft reported a strong Q1 with 19% year-over-year revenue growth, driven by robust AI demand and accelerating Azure cloud services. Despite a slight softness in gross margins, operating margins expanded, reflecting efficient cost management. The...
