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Strategy posts $8.2 billion loss as bitcoin holdings increase 11% during Q2
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Strategy posts $8.2 billion loss as bitcoin holdings increase 11% during Q2
Strategy’s reported a loss of $8.2 billion for the second quarter, a massive swing from the $10 billion in net income it posted during the same period a year ago.The company said it sold about $218 million of bitcoin YTD to fund preferred stock dividends.CEO Phong Le said it reduced its convertible debt by 18% to $6.7 billion while increasing its USD Reserve by 12% to $2.4 billion.
2026-07-31 Source:theblock.co
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