BBX: "A Profit Frenzy for the Bulls" and "A Massive Escape from Small and Medium-Sized Investors": Strategy Reports $19.5 Billion in Net Profit in Q3, NXTT Plans to Cash Out $450 Million

According to BBX, the global capital markets witnessed two diametrically opposed strategic paths taken by listed companies in the cryptocurrency game over the weekend amidst a barrage of Q3 2026 earnings reports. On one hand, giants reaped epic paper profits by leveraging their massive holdings; on the other hand, smaller players who had previously jumped on the cryptocurrency bandwagon began large-scale selling and exiting the market. —Profit Frenzy: Strategy (NASDAQ: $MSTR) reported a record net profit of $19.53 billion in Q3, thanks to $20.9 billion in digital asset gains. —Clearance and cash-out: Next Technology Holding (NXTT) and DigitalX (ASX: DCC) have successively launched clearance sale and cryptocurrency buyback plans, locking in hundreds of millions of dollars in fiat currency profits. —Infrastructure-driven income: Coinbase (NASDAQ: $COIN) USDC balance surges to $22 billion, with subscription and service revenue accounting for half of it. The market is showing a clear dual evolutionary trend: "leading crypto treasuries are leveraging fair value accounting standards to achieve maximum expansion of their balance sheets and profit and loss statements" and "small and medium-sized listed entities are actively selling off their core digital reserves at high macroeconomic levels to exchange for fiat currency cash and reward traditional shareholders." Source: bbx.com