战略公司击败了收入估计数,但遗漏了收入;比特币持有量的价值猛增,但现金流量仍然为负值。 Strategy Inc. beat revenue estimates but missed earnings; bitcoin holdings surged in value, yet cash flow stayed negative.

Strategy Inc. （MSTR） 公布的第三季度业绩喜忧参半，收入为 1.287 亿美元，超出预期，但每股收益为 8.42 美元，低于预期。 Strategy Inc. (MSTR) reported mixed third-quarter results, with revenue of $128.7 million surpassing estimates, though earnings per share of $8.42 missed expectations. 该公司持有640 808比特币,价值474.4亿美元,使年回报率达到26%,在2025年增加了129亿美元。 The company held 640,808 bitcoins, valued at $47.44 billion, contributing to a 26% year-to-date return and a $12.9 billion gain in 2025. 尽管业务差额为3 023%,自由现金流仍为负数,为4 560万美元。 Despite a 3,023% operating margin, free cash flow remained negative at $45.6 million. 股票在报告之后上升,但长期收入增长仍然停滞不前,近年来没有显著改善。 The stock rose after the report, but long-term revenue growth remains stagnant, with no significant improvement over recent years.