Strategy just posted an $8.2B net loss for Q2. Yeah, you read that right.
The damage? $BTC dumped hard April-June and they're sitting on 846,000 $BTC. That's accounting pain when spot drops.
Revenue: $122.4M
Holdings: ~846k $BTC
This is what happens when you're basically a leveraged $BTC play masquerading as a company. Paper losses hit different when you're this deep.
The bet hasn't changed. They're still stacking. But Q2 was brutal on the books.
The damage? $BTC dumped hard April-June and they're sitting on 846,000 $BTC. That's accounting pain when spot drops.
Revenue: $122.4M
Holdings: ~846k $BTC
This is what happens when you're basically a leveraged $BTC play masquerading as a company. Paper losses hit different when you're this deep.
The bet hasn't changed. They're still stacking. But Q2 was brutal on the books.