Strategy posts $8.2B Q2 loss as Bitcoin slump drives unrealized losses


The Bitcoin treasury company said it has built a $3.75 billion cash reserve to support preferred stock payouts following the launch of its BTC monetization program.



Source link

  • Related Posts

    US Spot Bitcoin ETFs Post Strongest Inflows in More Than Three Weeks

    Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For…

    Crypto’s Next Altseason May Have Fewer Winners: Wintermute

    Crypto’s next altcoin season may produce fewer winners as institutional investors concentrate their activity in a narrower group of digital assets, according to crypto market maker Wintermute. In its over-the-counter…

    Leave a Reply

    Your email address will not be published. Required fields are marked *