Strategy Inc Reports $8.2 Billion Loss Due to Bitcoin Decline
Strategy Inc (Nasdaq: MSTR) has reported an $8.2 billion loss in its second quarter financial results, due to a decline in the value of its digital assets, particularly Bitcoin.
The company's operating loss for the quarter was $8.33 billion, including an unrealized loss on its digital assets of $8.32 billion. This compares to an operating income of $14.03 billion in the same period last year and an unrealized gain on digital assets of $14.05 billion.
Strategy Inc's second quarter financial results also show a decline in cash and cash equivalents, from $2.21 billion as of March 31, 2026 to $1.71 billion as of June 30, 2026.
The company's CEO, Phong Le, stated that Strategy Inc aims for its STRC shares to trade over time at $99 to $100 and that the company intends to repurchase STRC shares in a regular and disciplined manner if they fall below this price range.