MicroStrategy provided an update on its bitcoin holdings and preliminary Q2 2026 financial results, reporting the sale of 3,588 bitcoin for approximately $216 million. The company also announced it expects to record an $8.32 billion loss on its digital assets for the second quarter.

Key Details

  • Q2 2026 Financials: The company expects a loss on digital assets of $8.32 billion for the three months ended June 30, 2026, which includes an $8.31 billion unrealized loss.
  • Bitcoin Sales: Between June 29 and July 5, 2026, the company sold a total of 3,588 BTC for aggregate proceeds of $216 million. The proceeds were used to fund preferred stock distributions.
  • Current Holdings: As of July 5, 2026, MicroStrategy holds 843,775 BTC, acquired at an average purchase price of $75,476 per bitcoin.
  • Management Update: CFO Andrew Kang was designated as the company's principal accounting officer, effective June 30, 2026, following a previously announced retirement.