# Strategy Reports Huge Q2 Profits, Launches $4.2B Offering *Author: Bankless* *Published: Aug 1, 2025* *Source: https://www.bankless.com/read/strategy-reports-huge-q2-profits-launches-4-2b-offering* --- 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.