Strategy said Chief Financial Officer Andrew Kang has resigned, a management change disclosed alongside record quarterly results. The company reported $21 billion in quarterly operating income and said its bitcoin holdings stood at 848,517 BTC. After the update, shares of MSTR fell 6%.
The announcement ties a senior executive departure to one of the company’s strongest reported quarters on record. At the same time, the market reaction was negative, with the stock moving lower after the news. The company’s bitcoin position remains a central figure in the disclosure, with holdings nearing 850,000 BTC.
CoinDesk reported the development on Oct. 30. No additional details on Kang’s departure were included in the source summary.
Strategy said Chief Financial Officer Andrew Kang has resigned.
The departure was disclosed as the company reported record quarterly results, including $21 billion in quarterly operating income and bitcoin holdings of 848,517 BTC. Following the announcement, MSTR shares fell 6%.
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