Strategy announced a third-quarter earnings per share (EPS) of $8.42, attributed to mark-to-market gains related to Bitcoin. The company highlighted that these gains played a significant role in its financial performance during the quarter. Mark-to-market accounting allows firms to adjust the value of assets to current market levels, which is particularly relevant in the volatile cryptocurrency market. As Bitcoin prices fluctuate, the potential for gains or losses can directly impact a company’s reported earnings. Strategy’s results indicate a strong alignment with market trends affecting cryptocurrency values.
