Overview
- Strategy delivered second-quarter EPS of $32.52 and revenue of $114.49 million, beating Wall Street forecasts.
- The company holds over 628,000 BTC, representing about 3–4% of Bitcoin’s fixed 21 million supply.
- In an August 1 CNBC interview, Michael Saylor said owning 3–7% of Bitcoin is balanced and rejects any bid to corner the market.
- Strategy is rolling out preferred equity ‘Stretch’ and the credit instrument ‘Strike’ to leverage its Bitcoin treasury for income and principal protection.
- Corporate Bitcoin adoption has surged to more than 160 public companies this year, up from around 60 at the last halving.