Strategy Inc. (Nasdaq: MSTR) reported an $8.22 billion net loss for the second quarter of 2026 as a decline in bitcoin prices reversed a $14 billion gain recorded last year. Despite the drawdown, the company increased its bitcoin holdings by 11% to 843,775 BTC and continued selective sales to fund shareholder payouts.
Q2 2026 Results
The company’s quarterly loss was driven by the market downturn in bitcoin, which reduced the value of its digital asset holdings relative to prior-period gains. Strategy Inc. disclosed the figures in its second-quarter 2026 financial report.
- Net loss: $8.22 billion (Q2 2026)
- Prior-year reference: $14 billion gain
Bitcoin Treasury Activity
Strategy Inc. said its bitcoin holdings rose 11% during the quarter to 843,775 BTC. The company also continued selling a portion of its bitcoin to support shareholder distributions, reflecting an approach that balances accumulation with capital returns.
Why It Matters
Strategy Inc. is among the most prominent public companies holding bitcoin on its balance sheet. Its quarterly results and treasury decisions are closely watched as indicators of corporate engagement with digital assets and the potential earnings volatility tied to bitcoin price movements.