Bitcoin accumulator Strategy Inc. returned to profitability in the third quarter, with results bolstered by an unrealized gain tied to the rising value of the company’s roughly $69 billion cryptocurrency stockpile.

Net income was $2.8 billion, or $8.42 a share, compared with a loss of $340 million, or $1.72 in the year-ago period, the Tysons Corner, Virginia-based firm said in a statement Thursday. The company, formerly known as MicroStrategy, adopted accounting standards in January that required it to include the fair value of its Bitcoin holdings in its earnings. The change triggered multibillion dollar swings between profits and losses in the the previous two quarters.

The company said in the statement that it is “actively laying the groundwork for credit securities in international

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