Strategy Posts $8.32 Billion Digital-Asset Loss as Analyst Sees 347% MSTR Upside
Updated
Updated · Yahoo Finance · Aug 11
Strategy Posts $8.32 Billion Digital-Asset Loss as Analyst Sees 347% MSTR Upside
3 articles · Updated · Yahoo Finance · Aug 11
Summary
Q2 results showed Strategy lost $24.45 a share, versus a $3.07 consensus estimate, after an $8.32 billion unrealized hit on its bitcoin holdings under fair-value accounting.
The company, which holds 846,000 BTC, said revenue rose 6.9% to $122.37 million but still missed forecasts, while its shares have fallen 75.37% over 12 months as bitcoin dropped 46.14%.
Balance-sheet pressure is mounting: Strategy carries $6.7 billion in convertible debt, paid $400.7 million in preferred dividends and interest in Q2, and authorized up to $1.25 billion of bitcoin sales to support its USD Reserve.
Wall Street remains largely bullish despite that damage, with 14 of 15 analysts rating the stock Buy and Benchmark's Mark Palmer keeping a $435 target—about 347% above the current $97.33 share price.
Will Strategy's mounting debt force a massive Bitcoin liquidation, or is their new corporate framework a genius survival tactic for the 2026 crypto winter?
Why do Wall Street analysts overwhelmingly rate this stock a Buy despite an $8.32 billion loss and breaking their never-sell Bitcoin pledge?
With a 72% chance of MSCI exclusion, could the ultimate leveraged Bitcoin proxy be facing a catastrophic collapse in passive investor capital?