secwatch.observer — SEC 8-K summary
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Issuer:     Strategy Inc (MSTR)
CIK:        0001050446
Form:       8-K
Filed at:   2026-07-06T12:00:15+00:00
Accession:  0001193125-26-295586
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 8.01, 5.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050446/000119312526295586/0001193125-26-295586-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050446/000119312526295586/mstr-20260706.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-295586

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer