MSTR stock falls 6.8% in 2026 despite Strategy’s $20.9B Q3 income – Why?

Michael Saylor’s Strategy has released its financial results for the third quarter of 2026. According to the results, the largest Bitcoin [BTC] DAT reported a massive $20.91 billion operating income in Q3 2026, compared with $3.89 billion during the same quarter last year. Here, the main catalyst behind this was the appreciation in the value of its Bitcoin holdings. Well, to reach this milestone, the company spent approximately $14.33 billion on Bitcoin purchases during this period.