Strategy Inc. Reports $8.22 Billion Q2 Net Loss Amid Bitcoin Price Decline
Strategy Inc., a company heavily invested in Bitcoin, reported an $8.22 billion net loss for the second quarter of 2026 due to a significant unrealized loss on its digital assets as Bitcoin prices declined. This contrasts sharply with a $10.02 billion profit from the same period last year and highlights the volatility tied to holding large amounts of cryptocurrency in corporate treasuries. Despite the losses, Strategy's software business revenue increased by 6.9% to $122.4 million during the quarter, while gross margin slightly declined to 66.6%. The company now holds a total of 843,775 Bitcoin with an original cost basis exceeding $63 billion and raised over $17 billion through at-the-market programs in 2026. The firm has also expanded its U.S. dollar reserves to cover more than two years of preferred dividends and interest payments. Executive Chairman Michael Saylor emphasized the company's ongoing efforts to establish Digital Credit as a new asset class while maintaining stable demand for its securities.
Tickers: $MSTR
Topics: Bitcoin crypto losses treasury strategy unrealized gains/losses