Strategy will announce its third-quarter financial results after the U.S. stock market closes and hold a briefing
BIBIBI
AT A GLANCE
Strategy stated that it holds 848,517 bitcoins and will release its third-quarter earnings report after the market closes.
Article
Strategy will announce its earnings after market close, currently holding 848,517 Bitcoin, with unrealized gains of approximately 4000000000 USD BlockBeats reports that October 29, Strategy will announce its third-quarter earnings after the U.S. stock market closes today and hold an online briefing at 5 p.m. Eastern Time (5 a.m. Beijing Time). According to its October 26 disclosure filing, the company holds 848,517 Bitcoin, at an average cost of approximately 75,446 USD. Based on Bitcoin's current price of approximately 80,300 USD, its unrealized gains relative to approximately 64000000000 USD in total expenditures amount to approximately 4000000000 USD, representing gains of approximately 6%.
During the October 25-week period ended 1, Strategy did not increase its Bitcoin holdings, instead spending approximately 204900000 USD to repurchase STRC preferred stock. According to October 5's disclosure, Strategy estimates its Bitcoin-related gains for the third quarter at approximately 20910000000 USD, valued at the time using a Bitcoin price of approximately September 30 Bitcoin at approximately 83,500 USD.
In addition,Coinbase will also announce its earnings after market close today.
Original link https://m.theblockbeats.info/flash/374430
Key points
01
BlockBeats reported that Strategy will announce its third-quarter financial results after the U.S. stock market closes today.
02
Strategy will hold an online briefing at 5 Eastern Time (5 Beijing Time).
03
According to October 26 a filing, Strategy holds 848,517 Bitcoin, at an average cost of approximately 75,446 USD。
04
The report calculated total expenditure based on Bitcoin at approximately 80,300 USD and approximately 64000000000 USD in total, stating that the unrealized gain was approximately 4000000000 USD, approximately 6%。
05
For the period ended October 25 Strategy did not acquire additional Bitcoin during the 1 weeks and spent approximately 204900000 USD to repurchase STRC preferred stock.
06
According to October 5 the disclosure, Strategy estimates Bitcoin-related gains of approximately 20910000000 USD, valued at September 30 Bitcoin at approximately 83,500 USD.
07
The report also states that Coinbase will release its earnings after the market closes today.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This news item primarily provides Strategy's earnings release schedule, the cost basis of its bitcoin holdings, and an estimate of unrealized gains. Unrealized gains are the increase in book value calculated using the bitcoin price listed in the report and are not equivalent to profits already realized through a sale.
Why it matters to readers
Strategy holds a substantial amount of bitcoin, and its earnings report may disclose bitcoin-related gains, changes in holdings, and capital allocation; Coinbase's earnings release after the market closes on the same day is also worth watching.
Beginners should distinguish between “unrealized gains,” “estimated returns,” and the results in formal financial reports, and note that changes in the Bitcoin price can alter the valuation of holdings.
Risks and unknowns
At the time of publication, the financial report had not yet been released, and the actual performance and content of the online briefing were unknown.
approximately 4000000000 USD and approximately 6%the unrealized gain is based on an estimate of approximately 80,300 USD the Bitcoin price; changes in the price will change the result.
Third-quarter Bitcoin-related gains were approximately 20910000000 USD an estimate by the company, not the final financial results presented in this article.
This article does not provide the market reaction after Strategy or Coinbase released their financial reports.
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Unrealized Profit
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