Strategy Inc reported second quarter revenues of $122.4 million, a 6.9% increase year-over-year. The company posted a net loss of $8.22 billion, or ($24.45) per diluted share, compared to a net income of $10.02 billion in the prior-year period. The loss was primarily driven by an $8.32 billion unrealized loss on its digital asset holdings.
Key Highlights
- Total bitcoin holdings increased to 846,000 as of June 30, 2026, with an average cost per bitcoin of approximately $75,578.
- The company raised approximately $8.41 billion in gross proceeds during the quarter through at-the-market offerings of its common and preferred stock.
- Strategy Inc repurchased $1.5 billion of its convertible senior notes at an 8% discount to par, reducing total outstanding convertible debt to $6.71 billion.
- A new $1.0 billion repurchase program for its digital credit securities was initiated, with $25.0 million of STRC preferred stock repurchased at an average 13.5% discount to par.