Crypto
Strategy Inc. Misses Q2 Revenue Estimates Amid Bitcoin Sales
Strategy Inc., the largest institutional holder of Bitcoin globally, reported Q2 revenue of $122.39 million, narrowly missing the consensus estimate of $122.91 million.
The company's CEO, Phong Le, cited the need to prioritize cash reserves to cover preferred dividends and interest payments, leading to a new Bitcoin sales program.
Strategy Inc. holds 843,775 BTC worth approximately $58 billion and has sold 3,620 BTC in 2026 to bolster its cash reserves, which now total $3.75 billion, sufficient for more than two years of obligations.