Strategy Inc Sees 11% Bitcoin Holdings Surge Amid Digital Credit Growth

Strategy Inc (MSTR) reported its Q2 2026 earnings, showcasing significant growth in its Bitcoin holdings and digital credit operations. The company's Bitcoin reserves increased by 11% quarter-over-quarter to 846 BTC, with a 5% rise in the Bitcoin per share metric to 210,824 satoshis.

The total debt decreased by 18% to $6.7 billion on a net debt basis, and the US dollar reserve grew by 12% quarter-over-quarter to $3.75 billion, providing 2.1 years of dividend and interest coverage. The company's flagship digital credit product, STRC, has become the number one holding in all three major preferred stock indexes.

Strategy Inc is focusing on returning STRC to par value, with a commitment to maintaining a strong US dollar reserve by September 8th. The company also has a potential tax benefit of $5.4 billion from unrealized losses on its Bitcoin holdings.