Michael Saylor-led MicroStrategy posted a $2.8B Q3 profit from Bitcoin gains, yet some Wall Street analysts remain cautious despite the stellar earnings.
MicroStrategy, founded by Michael Saylor, reported Q3 2025 net income of $2.8 billion, largely driven by unrealized Bitcoin gains. Revenue reached $3.9 billion, reversing an operating loss from the prior year. Shares rose about 2.5% in after-hours trading, though some Wall Street analysts expressed ongoing concerns over the company’s financial outlook.