Business UpdateJul 6, 2026, 08:08 AM
Strategy Inc Reports $8.32B Q2 Loss on Digital Assets; Sells 3,588 BTC
AI Summary
Strategy Inc announced a significant $8.32 billion loss on digital assets for the second quarter of 2026, primarily driven by $8.31 billion in unrealized losses. The company sold a total of 3,588 Bitcoin between June 29 and July 5, 2026, for an aggregate of $216 million, with proceeds used to fund preferred stock distributions. As of July 5, 2026, Strategy held 843,775 Bitcoin with an average purchase price of $75,476. Additionally, Andrew Kang was appointed as the new principal accounting officer, and no shares were sold under its ATM program or purchased under its buyback program during the reporting period.
Key Highlights
- Strategy Inc reported an $8.32 billion loss on digital assets for Q2 2026.
- The Q2 2026 loss included $8.31 billion in unrealized losses on digital assets.
- Digital asset carrying value was $49.67 billion as of June 30, 2026.
- Sold 1,363 BTC (June 29-30) for $80.8 million (avg. $59,256).
- Sold 2,225 BTC (July 1-5) for $135.2 million (avg. $60,773).
- Total BTC holdings as of July 5, 2026, were 843,775 BTC (avg. purchase price $75,476).
- USD Reserve balance was $2.55 billion as of July 5, 2026.
- Andrew Kang, CFO, was designated Principal Accounting Officer effective June 30, 2026.
Price Impact
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