Bitcoin-focused agency Technique reported a file $10 billion in internet revenue for the second quarter of 2025, surpassing each Goldman Sachs and Financial institution of America in profitability regardless of a narrower enterprise mannequin.
Technique’s bitcoin-driven surge
In response to Bitwise CIO Matt Hougan, Technique’s Q2 income had been almost thrice larger than Goldman Sachs, which posted $3.7 billion in the identical interval.
The agency additionally outperformed Financial institution of America’s $6.8 billion quarterly earnings.
Technique’s distinctive efficiency is attributed to its rising bitcoin treasury, which reached 628,791 BTC by the top of the quarter.
Bitwise Senior Funding Strategist Juan Leon highlighted the importance of those outcomes, stating:
“That is the strongest quarterly profitability within the firm’s historical past.”
Unrealized beneficial properties and new targets
Technique acquired its bitcoin holdings at a cumulative price of $46.07 billion, reaching a 25% year-to-date return and over $13.2 billion in unrealized beneficial properties.
Following this robust efficiency, the corporate raised its 2025 targets, now aiming for a 30% annual BTC yield and $20 billion in unrealized beneficial properties by year-end.
STRC inventory providing
Shortly after releasing its earnings, Technique filed for a $4.2 billion providing of its new STRC most popular inventory.
The agency intends to make use of proceeds from the providing to purchase extra bitcoin, cowl operations, and pay dividends.
STRC pays a 9% annualized month-to-month dividend and offers Technique flexibility to regulate payouts primarily based on bitcoin value and leverage metrics.
Michael Saylor emphasised that the brand new instrument strengthens capital market operations, giving traders each yield and publicity to bitcoin’s upside.