Strategy, the world’s largest corporate Bitcoin holder, reported an $8.32 billion unrealized loss on its holdings of 843,775 BTC. MSTR stock fell 6.14%, dropping from $97.59 to $91.60 following the company’s Q2 earnings call. Strategy sold 3,588 BTC for $216 million and raised $544.5 million from MSTR stock sales to build a $3.75 billion USD reserve. The company indicated it would prioritize supporting its preferred stock STRC and balance sheet flexibility over acquiring additional BTC, with the preferred share price serving as a key indicator before any further Bitcoin accumulation.
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