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Strategy (formerly MicroStrategy) reported a record-breaking quarter in Q2 2025 and simultaneously filed to raise $4.2 billion through preferred stock to, you guessed it, buy more bitcoin.
What’s the Scoop?
- Massive Q2 Profit: Strategy posted nearly $10 billion in net income, driven by $14 billion in unrealized
Bitcoin gains under its new fair-value accounting model. - Bitcoin Surge & Holdings: Its Bitcoin stash grew to roughly 597,325 BTC, marking a 20% increase quarter-over-quarter.
- New Share Offering: The company launched a $4.2 billion at-the-market (ATM) preferred stock program (STRD) designed to finance additional Bitcoin purchases.
- Capital-Raising Scale: Strategy secured about $6.8 billion through equity offerings this quarter, including common stock (STRK, STRF, STRD series).
- Industry Impact: Now one of the top-tier corporate Bitcoin holders, Strategy’s moves exemplify the institutional trend of using equity markets to amass digital assets.
