Strategy CFO Steps Down After Record Bitcoin Quarter

TLDR Strategy CFO Andrew Kang will step down on November 5, 2026, citing personal reasons. CEO Phong Le will oversee the company’s finance operations until the end of December. Reza Virasteh will become Strategy’s chief financial officer on January 1, 2027. Strategy reported record third-quarter operating income of $20.91 billion, driven by gains in the value of its Bitcoin holdings. The company’s net income reached $19.53 billion, while software revenue declined 3% to $125.4 million. Strategy CFO Andrew Kang will leave his role on November 5, days after the company reported record third-quarter operating income of $20.91 billion.