According to Odaily Planet Daily, Bitcoin treasury firm Strategy (MSTR) reported third-quarter net income of $2.8 billion, significantly lower than the record $10 billion in the previous quarter, but still slightly exceeding analysts' expectations of $8.42 per share ($8.15). The decline in Bitcoin prices caused its market capitalization/Bitcoin net asset value (mNAV) ratio to fall to approximately 1.2 times, the lowest since March 2023. The company added approximately 43,000 Bitcoins during the quarter, bringing its total holdings to 640,000 Bitcoins, valued at nearly $69 billion, marking the slowest growth in a first quarter this year. Strategy also raised its variable-rate preferred stock (STRC) dividend to 10.5% to maintain investor demand and continue purchasing Bitcoin.