Strategy Forgoes Usual Monday Purchase, Reports $14B Bitcoin Gain Instead

Despite not making its usual Monday Bitcoin (BTC) purchase, business intelligence giant Strategy reported over $14 billion in unrealized gains in Q2 2025. The company's Bitcoin holding as of June 30, 2025, was valued at $64.36 billion, due to the cryptocurrency reaching around $107,751 on the Coinbase exchange, Strategy’s principal market. This significant increase resulted in a $4.04 billion deferred tax expense.

During this quarter, Strategy acquired 69,140 BTC at an approximate cost of $6.77 billion, financed through complex capital markets activities. Despite this gain, the company also reported about $8.24 billion in debt and $3.4 billion in preferred stock, leading to annual interest and dividend obligations exceeding $350 million. The company noted that future profitability depends on Bitcoin's price and recognized potential liquidity risks if obligated to sell BTC during market downturns.