BUSINESSJul 30 · 21:36 UTCCOINTELEGRAPHCointelegraph by Nate Kostar

Strategy posts $8.2B Q2 loss as Bitcoin slump drives unrealized losses

Strategy reported an $8.2 billion Q2 loss due to Bitcoin's decline causing unrealized losses. The Bitcoin treasury company established a $3.75 billion cash reserve to support preferred stock payouts after launching its BTC monetization program.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

StrategyorganizationBitcointopicBTC Monetization Programtopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSJul 30 · 21:38 UTC
Strategy posts $8.2 billion loss as bitcoin holdings increase 11% during Q2
BUSINESSMay 5 · 20:06 UTC
Strategy posts $12.54 billion Q1 loss on declining bitcoin price
BUSINESSMay 5 · 20:42 UTC
Strategy Posts $12.5 Billion Q1 Loss as Bitcoin Slump Hammers Massive Holdings
BUSINESSJul 30 · 20:32 UTC
Strategy books $8.2 billion second quarter loss on bitcoin price decline
BUSINESSMay 6 · 13:59 UTC
Strategy Reports $12.5B Q1 Loss as Bitcoin Volatility Hits Corporate Holdings Hard