Q2 2026 Strategy Net Loss: $8.22 Billion; Bitcoin Holdings Increase 11% to 843,775 BTC

ChainCatcher report: Strategy (formerly MicroStrategy) announced its Q2 2026 financial results, reporting a net loss of $8.22 billion, a significant turnaround from a net profit of $10.02 billion in the same period last year, primarily due to an unrealized loss of $8.32 billion driven by a year-over-year Bitcoin price decline of over 40%. Q2 revenue reached $122.4 million, up 6.9% year-over-year, with a gross margin of 66.6%. As of July 26, the company held 843,775 BTC, representing an 11% increase in holdings during the quarter. Year-to-date, the company achieved a BTC yield of 4.5% and realized a BTC gain of approximately 29,997 BTC, with a book market value of approximately $54.77 billion and an average acquisition cost of about $75,476 per BTC. The company reduced its convertible debt by 18% to $6.7 billion in Q2, while its USD reserves increased by 12% to $2.4 billion, bringing total reserves to approximately $3.75 billion—sufficient to cover preferred dividend and interest payments for about 2.1 years. This year, the company has sold approximately $218.4 million worth of Bitcoin to pay preferred dividends and repurchased 288,930 shares of STRC preferred stock (with a par value of approximately $28.9 million) at a discount of about 13.47%. The company has paid dividends for 18 consecutive months without default. CEO Phong Le stated that if STRC trades below $100, the company will “consistently and disciplined” repurchase shares.