Crypto firm Strategy gains after results beat estimates — TradingView News
** Shares of Strategy MSTR rise 7.6% to $273.68 on Friday after company reported results that beat analyst estimates
** MSTR is on track for biggest daily pct gain since April 9
** After markets closed on Thursday, MSTR reported Q3 EPS of $8.42, higher than the consensus estimate of $8.15, per LSEG data; Q3 revenue reached $128.7 mln, surpassing analyst expectations of $118.43 mln
** Much of MSTR’s profit comes from unrealized gains in its bitcoin holdings
** MSTR held 640,808 bitcoins as of October 26, at a total cost of $47.44 billion, or $74,032 per bitcoin. It is the largest corporate holder of bitcoin, which traded up 2.5% to $110,152.85 on the session
** MSTR is down 5.7% YTD vs NASDAQ Composite Index’s IXIC 22.9% increase



