Strategy CFO resigns after record $21B quarter, stock falls 6%

Strategy (MSTR) CFO Andrew Kang resigned as the company reported record quarterly results — $21 billion in operating income and bitcoin holdings of 848,517 BTC. Shares fell 6% on the news.

• The resignation lands amid a busy stretch for the bitcoin treasury firm: MSCI recently finalized rules that could eject Strategy from global equity indexes, and the company continues to fund purchases through stock issuance.
• No reason for Kang's departure or a successor was disclosed.