Bitcoin treasury firm Technique reported a lack of $8.22 billion for the second quarter of 2026 because of the falling value of the main cryptocurrency.
In its quarterly report, Nasdaq-listed Technique (MSTR) — previously MicroStrategy — put the loss all the way down to the Bitcoin value crash, at the same time as the corporate continued elevating capital, shopping for extra Bitcoin and paying down debt.
In the identical interval of 2025, Technique reported a internet earnings of $10.02 billion.
“Within the second quarter of 2026, Technique strengthened its stability sheet whereas navigating a significant Bitcoin value decline,” Technique CEO and President Phong Le stated in an announcement.
Chairman and the architect behind the software program firm’s Bitcoin-buying masterplan, Michael Saylor, added: “Within the midst of this part of muted Bitcoin sentiment and market skepticism, we proceed to evolve our enterprise mannequin and set up digital credit score as a brand new asset class.”
Bitcoin’s value is down practically 50% from the all-time excessive of $126,080 it notched in October 2025. The main cryptocurrency was just lately priced at $64,745, down 26% year-to-date.
Over the quarter, the Tysons, Virginia-based firm stated it elevated its Bitcoin holdings by 11%. Technique now holds 843,775 Bitcoins value $54.6 billion at right this moment’s costs.
Technique for the previous 5 weeks had paused its Bitcoin buys, as a substitute specializing in placing additional cash on its stability sheet.
Traders purchase Technique’s inventory to get leveraged publicity to Bitcoin. However when the value of the asset dips, MSTR additionally suffers.
MSTR inventory is at the moment down over 80% from its 2024 peak of over $500 per share.
The corporate has different choices, together with STRC, a product that pays traders a dividend.