MicroStrategy reported an $8.32 billion loss on digital assets for the second quarter ending June 30, 2026. This figure primarily stems from an $8.31 billion unrealized loss. The deficit reflects Bitcoin’s market price falling below the company’s average purchase cost.
The firm sold 3,588 bitcoins between June 29 and July 5 for approximately $216 million. Management used these proceeds to fund preferred stock dividends and increase U.S. dollar reserves.
MicroStrategy held 843,775 bitcoins as of July 5. The company's stock price declined following the regulatory disclosures.
Executive Vice President and CFO Andrew Kang assumed the additional role of principal accounting officer.