Strategy posts $8.2 billion Q2 loss on Bitcoin writedown
STRC Strategy Inc - VR PRF PERPETUAL USD 100 - Ser A
$97.72 -1.82%
View chart & analysis → - 1Strategy (MSTR) reported a Q2 net loss of $8.2 billion driven by a fair-value writedown on its Bitcoin holdings.
- 2Nearly the entire loss stemmed from an unrealized Bitcoin valuation markdown of $8.32 billion.
- 3The company holds $3.75 billion in cash reserves, enough to cover preferred-stock dividends and interest for more than 2.1 years.
Source CoinDesk +1 · View original ↗
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