MicroStrategy Plans to Continue Amassing Bitcoin
The Virginia-based company now holds more than 105,000 bitcoins.
Business intelligence software developer MicroStrategy will continue to invest in its "digital asset strategy," CEO Michael Saylor said in the company's second-quarter earnings announcement Thursday.
- Saylor noted that the Tysons Corner, Va.-based company's latest funding had allowed it to increase its digital holdings to more than 105,000 bitcoins.
- "We continue to be pleased by the results of the implementation of our digital asset strategy," he said, adding that "we intend to continue to deploy additional capital into our digital asset strategy."
- The software company has been purchasing enormous amounts of bitcoin since last August that it keeps in its treasury reserve.
- The non-GAAP (generally accepted accounting principles) calculation of the market value of MicroStrategy's bitcoin holdings as of June 30 was $3.65 billion, reflecting bitcoin's market price of $34,763 at the time. The non-GAAP digital asset cost basis was $2.74 billion, or $26,080 per bitcoin.
- MicroStrategy reported $125.4 million in revenue for the quarter, a 13.4% increase over the figure from the same period a year ago.
- Shares of MicroStrategy were down 2.2% to $611.48 in after-hours trading Thursday following the release of the financial results.
Read more: MicroStrategy’s Most Recent Bond Drops Below Par as Bitcoin Sells Off
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Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Why it matters:
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
