MicroStrategy posted a $8.22 billion net loss in Q2 2026, driven mainly by an $8.32 billion unrealized loss on its Bitcoin holdings amid falling Bitcoin prices. Despite the loss, revenue rose 6.9% to $122.4 million, slightly missing expectations. The company increased its Bitcoin holdings by 25% year-to-date and raised significant capital through equity programs, aiming to strengthen its balance sheet and improve liquidity. Management highlighted new transparency metrics and continued focus on digital credit strategies despite market skepticism.
Bitcoin fell to its lowest level since July 9, dropping about 3.1% to around $62,700 after Strategy, the largest institutional bitcoin holder, announced plans to sell up to $5 billion of its bitcoin holdings. This move follows Strategy's slightly bel...
Crypto stocks MicroStrategy (MSTR), Circle (CRCL), and Coinbase (COIN) are showing soft, sideways trading as investors await their upcoming earnings reports—MSTR and COIN report on Thursday, while CRCL reports on August 5. The market is cautious, wit...
