Strategy’s Bitcoin Treasury Swells to ~843,775 BTC as Q2 Loss Tops $8B on Fair-Value Writedowns

Bitcoin treasury company Strategy (Nasdaq: MSTR) reported second-quarter 2026 results showing its Bitcoin holdings rose to about 843,775 BTC as of July 26, 2026, an increase of roughly 11% over the quarter and about 25% year-to-date as of July 26. Other coverage of the same period put the BTC count at roughly 843,800 BTC ^{[1] [2]}.

Strategy also posted a large loss for the quarter, with reporting citing an $8.33 billion operating loss and an $8.32 billion fair-value writedown on digital assets, alongside an $8.22 billion net loss; multiple outlets attributed the swing to changes in the fair value of its Bitcoin portfolio during the quarter ^{[3] [4] [5]}.

The company’s latest filings and earnings coverage show Strategy’s BTC reserve growth continuing into mid-2026, while the quarter’s headline results were dominated by accounting fair-value changes affecting the value of its digital-asset holdings ^{[1] [3]}.