{"id":35560,"date":"2025-07-07T15:46:53","date_gmt":"2025-07-07T15:46:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35560"},"modified":"2025-07-07T15:46:53","modified_gmt":"2025-07-07T15:46:53","slug":"no-monday-buy-but-strategy-reports-14b-bitcoin-gain","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35560","title":{"rendered":"No Monday Buy, but Strategy Reports $14B Bitcoin Gain"},"content":{"rendered":"
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On a day when several major corporate buyers added to their Bitcoin (BTC) treasuries, Strategy stood pat on its signature Monday announcement.<\/p>\n

However, the business intelligence giant made up for the pause with some staggering financial news: it raked in more than $14 billion in unrealized gains in the second quarter of 2025.<\/p>\n

The $14 Billion Quarter<\/h2>\n

According to Strategy\u2019s latest Form 8-K<\/a>, filed with the U.S. Securities and Exchange Commission (SEC) on July 7, the carrying value of the company\u2019s Bitcoin stash had ballooned to $64.36 billion as of June 30, 2025.<\/p>\n

Importantly, the quarter ended with the number one cryptocurrency trading around $107,751 on Strategy\u2019s principal market, the Coinbase exchange, resulting in a $14.05 billion fair value increase. However, this paper gain also triggered a $4.04 billion deferred tax expense.<\/p>\n

The Michael Saylor-helmed firm detailed the sheer scale of its Bitcoin acquisition during Q2 2025 in the filing, picking up 69,140 BTC for approximately $6.77 billion, at an average price of $97,906 per Bitcoin.<\/p>\n

The company funded this aggressive buying through complex capital markets activity, including net proceeds of $6.8 billion raised via \u201cat-the-market\u201d (ATM) equity offering programs as well as a registered offering of its STRD preferred stock that bagged $979.7 million net.<\/p>\n

At the same time, Strategy carries significant leverage, reporting about $8.24 billion in outstanding debt as of June 30, alongside $3.4 billion in preferred stock, which have pushed its annual interest and dividend obligations past $350 million.<\/p>\n

The company also struck a note of caution, stressing that future profitability hinges on Bitcoin\u2019s price and acknowledging potential liquidity risks if forced to sell its BTC to meet obligations during market downturns.<\/p>\n

Imitators Ramp Up Buying Sprees<\/h2>\n

While Strategy\u2019s Q2 buying spree was monumental, with the last being a $531 million outlay<\/a> on 4,980 BTC, pushing its total holding to 597,325 BTC, its absence from the market this Monday was notable.<\/p>\n

Per the 8-K, between June 30 and July 6, Strategy acquired \u201c0\u201d Bitcoin. This breaks its well-established pattern of consistent purchases, often announced on Mondays. The company confirmed its various ATM programs had ample remaining capacity, running into the billions, suggesting funding wasn\u2019t the immediate constraint.<\/p>\n

Meanwhile, other firms that have taken up the Strategy playbook took advantage of the OG\u2019s absence to increase their holdings. Tokyo-based Metaplanet snagged<\/a> 2,205 BTC for around $238.7 million, bringing its stash to 15,555 BTC. The Smarter Web Company also announced<\/a> a 226.42 BTC purchase as part of its \u201c10-Year Plan,\u201d while The Blockchain Group scooped up 116 BTC for nearly \u20ac11 million, taking its holdings to 1,904 BTC.<\/p>\n

The post No Monday Buy, but Strategy Reports $14B Bitcoin Gain<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

On a day when several major corporate buyers added to their Bitcoin (BTC) treasuries, Strategy stood pat on its signature Monday announcement. However, the business intelligence giant made up for the pause with some staggering financial news: it raked in more than $14 billion in unrealized gains in the second quarter of 2025. The $14 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35560","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35560"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35560\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}