CryptoCoinDeskabout 2 hours ago
Strategy posts $8.2B loss on bitcoin decline
1 min read
Strategy reported an $8.2 billion second-quarter net loss, driven by an $8.32 billion unrealized markdown on its bitcoin holdings. The company holds 843,775 bitcoin worth $54.8 billion, raised $17.06 billion via stock offerings, and built a $3.75 billion dollar reserve.
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