2026; of this amount, $8.31 billion represented unrealized losses and $0.9 million represented realized losses.

As of June 30, 2026, Strategy held 846,000 bitcoins with a carrying value of $49.67 billion and an aggregate acquisition cost of $63.94 billion, reflecting an average purchase price of $75,578 per bitcoin. Between June 29 and June 30, 2026, the company sold 1,363 bitcoins for a total of $80.8 million at an average price of $59,256. From July 1 to July 5, 2026, Strategy sold an additional 2,225 bitcoins for $135.2 million at an average price of $60,773, reducing its total holdings to 843,775 bitcoins as of July 5. The proceeds were used to fund preferred stock payments and replenish the company's dollar reserves.

Strategy noted that the acquisition cost of the bitcoins exceeded their fair value as of June 30, 2026, necessitating the establishment of a valuation allowance against the deferred tax asset associated with the quarter's unrealized losses. The financial information was prepared by company management and has not been audited or reviewed by KPMG LLP. As of July 5, 2026, Strategy’s dollar reserve stood at $2.55 billion. On June 29, 2026, Strategy announced a Bitcoin monetization program (BTC Monetization Program) allowing for the sale of Bitcoin to generate up to $1.25 billion in additional reserve proceeds; however, as of July 5, the program remained entirely unutilized.

Between June 29 and July 5, 2026, Strategy did not sell shares under its at-the-market offering program nor repurchase shares under its share buyback programs.

The company also appointed Andrew Kang, Executive Vice President and Chief Financial Officer, as Chief Accounting Officer effective June 30, 2026, following the retirement of Janine Montgomery, who had served as Vice President and Chief Accounting Officer.