Strategy Reports Record Q2 Loss on Bitcoin Price Decline
Strategy, the world's largest corporate BTC holder, reported an $8.2 billion second-quarter net loss due to a decline in Bitcoin prices.
The quarterly loss was mainly driven by an $8.32 billion unrealized markdown on its BTC holdings under fair-value accounting.
Strategy held 843,775 BTC as of July 26, up 25% from the start of the year.