Strategy CFO Andrew Kang to Step Down on November 5

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Strategy’s CFO, Andrew Kang, will step down on November 5, according to SEC filings. CEO Phong Le will temporarily assume CFO responsibilities until Reza Virasteh joins in January 2027. Strategy reported $21 billion in quarterly revenue, driven by its Bitcoin holdings. The company holds 848,517 BTC and has raised over $210 billion in financing this year. On-chain data shows sustained institutional interest in the asset.

[Strategy CFO Andrew Kang to Step Down on November 5] Gold Finance reports that, on November 2, according to Bitcoin News, Andrew Kang, Chief Financial Officer (CFO) of Strategy, will step down on November 5. According to a filing submitted to the U.S. Securities and Exchange Commission (SEC) on Thursday, Andrew Kang is leaving for personal reasons, unrelated to any disagreements with the company’s operations or policies. Strategy’s CEO, Phong Le, will temporarily assume the CFO responsibilities until Reza Virasteh officially assumes the role in January 2027.
Under the new management structure, Phong Le will continue to oversee Strategy’s Bitcoin reserves, capital markets, and financing activities directly. This leadership change comes as Strategy announced record quarterly revenue of approximately $21 billion, primarily driven by the increased value of its Bitcoin holdings.
Currently, Strategy holds 848,517 BTC and has raised over $21 billion year-to-date.

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