Strategy, the Nasdaq-listed company formerly known as MicroStrategy, revealed a staggering $8.22 billion loss in Q2 2026, driven by Bitcoin's sharp decline.
The firm’s Bitcoin holdings now total 843,775 coins valued at $54.6 billion, despite the cryptocurrency falling nearly 50% from its October 2025 peak of $126,080 to around $64,745.
Strategy’s CEO Phong Le highlighted efforts to strengthen the balance sheet during the downturn, while founder Michael Saylor emphasized the ongoing push to develop digital credit as a fresh asset class.
Over the quarter, Strategy increased its Bitcoin stash by 11%, though it paused purchases recently to focus on cash reserves and debt reduction.
Investors buying Strategy stock get leveraged Bitcoin exposure, which explains why shares have plunged over 80% from their 2024 highs above $500.
The company also offers STRC, a product that provides dividends to investors.
Strategy’s losses linked to Bitcoin’s slide reflect broader market skepticism and volatility.
This article is for informational purposes and does not constitute financial advice.
