earnings
confidence high
sentiment negative
materiality 0.85
Strategy Q2 2026 net loss $8.22B ($24.45/share) on $8.33B unrealized bitcoin loss; holds 843,775 BTC
Strategy Inc
- Operating loss of $8.33B vs $14.03B income in Q2 2025, driven by $8.32B unrealized digital asset loss.
- Revenue $122.4M (+6.9% YoY); gross margin 66.6% vs 68.8% a year ago.
- Bitcoin holdings 843,775 as of July 26, 2026; BTC Yield 4.5% YTD; average cost $75,476 per BTC.
- Raised $8.41B via ATM in Q2; repurchased $1.50B of 0% convertible notes at 8% discount.
- USD Reserve $3.75B (2.1 years coverage); STRC dividend rate raised to 12.00%.