Loss of $8.2 billion, Strategy's Bitcoin holdings once reached 846,000 in Q2
2026-07-30 23:08
Odaily Planet Daily News Bitcoin treasury company Strategy released its Q2 financial report, recording a loss of $8.2 billion, compared to a profit of $10 billion in the same period last year. The loss mainly came from unrealized book losses on Bitcoin holdings.
Strategy stated that its Bitcoin holdings increased by 11% in Q2, once peaking at 846,000 BTC, before it 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 suspended Bitcoin purchases for five consecutive weeks, instead prioritizing the expansion of its dollar cash reserves.
At the end of June, Strategy launched a digital credit capital framework, planning to establish a minimum dollar reserve covering preferred stock dividends and interest expenses for 12 months, and authorized a maximum Bitcoin liquidation plan of $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 dollar reserves by 12% to $2.4 billion. CFO Andrew Kang stated that the company's current dollar reserves are approximately $3.75 billion, sufficient 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 Q2, once peaking at 846,000 BTC, before it 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 suspended Bitcoin purchases for five consecutive weeks, instead prioritizing the expansion of its dollar cash reserves.
At the end of June, Strategy launched a digital credit capital framework, planning to establish a minimum dollar reserve covering preferred stock dividends and interest expenses for 12 months, and authorized a maximum Bitcoin liquidation plan of $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 dollar reserves by 12% to $2.4 billion. CFO Andrew Kang stated that the company's current dollar reserves are approximately $3.75 billion, sufficient to cover related expenses for about two years, and it has paid dividends on time for 18 consecutive months.
