**[Strategy Reports $8.2 Billion Loss in Q2, $8.3 Billion Unrealized Loss in Digital Assets]** Odaily Planet Daily News: Digital asset treasury company Strategy reported a net loss of $8.2 billion in Q2, primarily driven by an $8.3 billion unrealized loss in digital assets. Its software business generated $122 million in revenue during the quarter. The company uses a fair value measurement model for its financial reporting. Between August 3 and August 9, Strategy sold 1,690 Bitcoins, cashing out approximately $109 million and repurchasing STRC preferred shares. In the following week, the company did not sell any Bitcoin but instead issued common stock to raise $334 million, of which $52 million was allocated for preferred stock dividends, $132 million for buybacks, and $149 million added to its USD reserves. Digital asset treasury company Twenty One Capital disclosed that as of June 30, each Class A share corresponded to 12,547 satoshis, down from 12,557 satoshis at the end of 2025. The company holds 43,514 Bitcoins, valued at approximately $2.8 billion, with an equity market value of about $1.6 billion, reflecting a Bitcoin holding valuation multiple of approximately 0.57x. Of the Bitcoins held by Twenty One Capital, 16,116 are pledged as collateral for $485 million in convertible bonds, corresponding to approximately $106 million in cash. As of August 16, Strategy's USD reserves reached $4.8 billion, which management stated is sufficient to cover approximately 2.7 years of debt and dividend payments. (Forbes Digital Assets)