Loss of $8.2 billion, Strategy's Bitcoin holdings once reached 846,000 in Q2
2026-07-30 23:08
Odaily Odaily reports that Bitcoin treasury company Strategy has released its second-quarter financial results, recording a loss of $8.2 billion, compared to a profit of $10 billion in the same period last year. The loss mainly stemmed from unrealized book losses on its Bitcoin holdings.
Strategy stated that its Bitcoin holdings increased by 11% in the second quarter, peaking at 846,000 BTC before the company began selling off some assets. As of the latest disclosure, the company holds 843,775 BTC.
Since the beginning of this year, Strategy has sold approximately $218 million worth of Bitcoin to pay preferred stock dividends. The company had previously paused Bitcoin purchases for five consecutive weeks, prioritizing the expansion of its U.S. dollar cash reserves instead.
At the end of June, Strategy launched a Digital Credit Capital Framework, planning to establish a minimum U.S. dollar reserve covering preferred stock dividends and interest expenses for 12 months. It also authorized a Bitcoin monetization plan of up to $1.25 billion to supplement reserves or pay dividends.
CEO Phong Le stated that the company reduced its convertible bond scale by 18% to $6.7 billion in Q2, while increasing its U.S. dollar reserves by 12% to $2.4 billion. CFO Andrew Kang noted that the company's current U.S. dollar reserves stand at approximately $3.75 billion, enough to cover related expenses for about two years, and it has paid dividends on time for 18 consecutive months.
Strategy stated that its Bitcoin holdings increased by 11% in the second quarter, peaking at 846,000 BTC before the company began selling off some assets. As of the latest disclosure, the company holds 843,775 BTC.
Since the beginning of this year, Strategy has sold approximately $218 million worth of Bitcoin to pay preferred stock dividends. The company had previously paused Bitcoin purchases for five consecutive weeks, prioritizing the expansion of its U.S. dollar cash reserves instead.
At the end of June, Strategy launched a Digital Credit Capital Framework, planning to establish a minimum U.S. dollar reserve covering preferred stock dividends and interest expenses for 12 months. It also authorized a Bitcoin monetization plan of up to $1.25 billion to supplement reserves or pay dividends.
CEO Phong Le stated that the company reduced its convertible bond scale by 18% to $6.7 billion in Q2, while increasing its U.S. dollar reserves by 12% to $2.4 billion. CFO Andrew Kang noted that the company's current U.S. dollar reserves stand at approximately $3.75 billion, enough to cover related expenses for about two years, and it has paid dividends on time for 18 consecutive months.
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