---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-295586"
form_type: "8-K"
ticker: "MSTR"
cik: "0001050446"
company_name: "Strategy Inc"
filed_at: "2026-07-06T12:00:15+00:00"
generated_at: "2026-07-06T12:05:17.215507+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Strategy reports $8.32B Q2 digital asset loss; sells 3,588 BTC for $216M

## Summary
- Q2 2026 loss on digital assets $8.32B (mostly unrealized); carrying value $49.67B as of June 30.
- Sold 1,363 BTC June 29-30 for $80.8M ($59,256 avg) and 2,225 BTC July 1-5 for $135.2M ($60,773 avg).
- Bitcoin holdings fell to 843,775 as of July 5; aggregate purchase price $63.69B, avg $75,476.
- Cost basis exceeded fair value, triggering full valuation allowance against deferred tax benefit/asset.
- USD Reserve $2.55B; $1.25B BTC Monetization Program capacity remains available.

## SEC filing metadata
- accession: 0001193125-26-295586
- form_type: 8-K
- ticker: MSTR
- cik: 0001050446
- company_name: Strategy Inc
- filed_at: 2026-07-06T12:00:15+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 5.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050446/000119312526295586/0001193125-26-295586-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050446/000119312526295586/mstr-20260706.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-295586
- JSON: https://secwatch.observer/filing/0001193125-26-295586.json
- Plain text: https://secwatch.observer/filing/0001193125-26-295586.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.