[Strategy Q3 Net Profit Reaches $2.8 Billion, Stock Price Drops 44% from July High, Faces Investor Doubts, Seeks International Market Financing] BlockBeats News, October 31, according to Bloomberg, Strategy announced its Q3 financial report after U.S. market hours. Driven by unrealized gains from the appreciation of its approximately $69 billion cryptocurrency holdings, the company achieved a net profit of $2.8 billion for the quarter. Despite Bitcoin hitting an all-time high in the third quarter and dozens of publicly traded companies emulating the reserve model pioneered by Michael Saylor five years ago, investors have started to question this strategy. Since the stock price reached its all-time high last November, Strategy's stock has fallen by 44.16%, erasing the long-term premium its stock price had over Bitcoin holdings in recent years. Meanwhile, demand in the preferred stock market remains lukewarm. Recent fundraising efforts have fallen far short of Michael Saylor's anticipated sensational impact, leading to a slowdown in Bitcoin purchases in recent weeks. CEO Phong Le stated during a conference call that the company is seeking financing in international markets and is considering launching an ETF backed by preferred stock. MicroStrategy incurs approximately $689 million annually in interest and dividend expenses. Possibly influenced by the financial report, MSTR rose 5.71% after hours.