Daily Market Updates: Saylor calls new Bitcoin bull market, but Strategy’s own numbers reveal a costly problem

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Saylor calls new Bitcoin bull market, but Strategy’s own numbers reveal a costly problem

Reported · Written up by our desk · Bitcoin

Strategy posted a record $20.9 billion in third-quarter operating income as Michael Saylor declared a new Bitcoin bull market. The company's Oct. 29 financial results showed net income of $19.5 billion, compared with roughly $2.8 billion a year earlier. The record operating income came almost entirely from a $20.9 billion gain from changes in the… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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CryptoSlateSaylor calls new Bitcoin bull market, but Strategy’s own numbers reveal a costly problem

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Saylor calls new Bitcoin bull market, but Strategy’s own numbers reveal a costly problem

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