Strategy Suffers $8.22B Loss as Bitcoin Prices Plummet
Strategy reported an $8.22 billion net loss in Q2 2026 due to a decline in Bitcoin's market value, despite increasing its BTC holdings by 25% year-to-date to 843,775.
The company's average Bitcoin cost is $75,476, while the market price was about $65,028, causing unrealized losses.
Strategy strengthened its financial position by reducing convertible debt to $6.71 billion and increasing its USD reserve to $3.75 billion, covering over two years of dividend obligations.