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Strategy\u2019s third-quarter net income was down from its record $10 billion in Q2, but still lifted its shares after the bell.<\/p>\n
Shares in Strategy have risen nearly 6% after hours as the Bitcoin treasury company reported a net income of $2.8 billion for its third quarter, down from the second quarter but still beating analyst expectations.<\/p>\n
Strategy on Thursday reported<\/a> diluted earnings per share of $8.42 for the three months ending Sept. 30, beating Wall Street expectations of $8.15.\u00a0<\/p>\n Its $2.8 million income for the quarter was a major jump from its $340.2 million loss the same time a year ago, but a fall from its record $10 billion net income in Q2.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n