No Monday Buy, but Strategy Reports $14B Bitcoin Gain

On a day when a number of main company patrons added to their Bitcoin (BTC) treasuries, Technique stood pat on its signature Monday announcement.

Nevertheless, the enterprise intelligence large made up for the pause with some staggering monetary information: it raked in additional than $14 billion in unrealized positive factors within the second quarter of 2025.

The $14 Billion Quarter

In keeping with Technique’s newest Form 8-K, filed with the U.S. Securities and Change Fee (SEC) on July 7, the carrying worth of the corporate’s Bitcoin stash had ballooned to $64.36 billion as of June 30, 2025.

Importantly, the quarter ended with the primary cryptocurrency buying and selling round $107,751 on Technique’s principal market, the Coinbase change, leading to a $14.05 billion truthful worth improve. Nevertheless, this paper acquire additionally triggered a $4.04 billion deferred tax expense.

The Michael Saylor-helmed agency detailed the sheer scale of its Bitcoin acquisition throughout Q2 2025 within the submitting, choosing up 69,140 BTC for about $6.77 billion, at a median worth of $97,906 per Bitcoin.

The corporate funded this aggressive shopping for via advanced capital markets exercise, together with web proceeds of $6.8 billion raised through “at-the-market” (ATM) fairness providing packages in addition to a registered providing of its STRD most popular inventory that bagged $979.7 million web.

On the similar time, Technique carries vital leverage, reporting about $8.24 billion in excellent debt as of June 30, alongside $3.4 billion in most popular inventory, which have pushed its annual curiosity and dividend obligations previous $350 million.

The corporate additionally struck a notice of warning, stressing that future profitability hinges on Bitcoin’s worth and acknowledging potential liquidity dangers if pressured to promote its BTC to satisfy obligations throughout market downturns.

Imitators Ramp Up Shopping for Sprees

Whereas Technique’s Q2 shopping for spree was monumental, with the final being a $531 million outlay on 4,980 BTC, pushing its whole holding to 597,325 BTC, its absence from the market this Monday was notable.

Per the 8-Okay, between June 30 and July 6, Technique acquired “0” Bitcoin. This breaks its well-established sample of constant purchases, typically introduced on Mondays. The corporate confirmed its varied ATM packages had ample remaining capability, working into the billions, suggesting funding wasn’t the fast constraint.

In the meantime, different companies which have taken up the Technique playbook took benefit of the OG’s absence to extend their holdings. Tokyo-based Metaplanet snagged 2,205 BTC for round $238.7 million, bringing its stash to fifteen,555 BTC. The Smarter Internet Firm additionally announced a 226.42 BTC buy as a part of its “10-Yr Plan,” whereas The Blockchain Group scooped up 116 BTC for practically €11 million, taking its holdings to 1,904 BTC.