The strategy, the largest Bitcoin holder in the world, should display mixed finances for the second quarter of 2025.
According to an analysis of Bloomberg on Tuesday, the company should report more than $ 13 billion in unrealized gains for the 2T 2025, pulled by its crypto masses. On the other hand, its basic software activity is expected to generate only $ 112.8 million in income, reflecting an extended gap between its exposure to digital assets and its operational performance.
Bitcoin vouchers data show that the strategy held 528,185 Bitcoin (BTC) on March 31, worth more than $ 43.5 billion at the time. The company’s assets amounted to $ 56.3 billion on Monday, causing an unable to gain $ 12.8 billion in the last three months.
A wave of companies followed the example of the president of the Michael Saylor strategy by adding bitcoin to their assets as the price of the cryptocurrency increased. As Cintelelegraph reported, 250 companies now hold Bitcoin, with 26 advertisements of BTC cash strategies in June.
https://www.youtube.com/watch?v=npzqd7tsqmg
The additional profits of weekly BTC of Strategy purchases resulted in 9% of unpaid gains, or $ 640 million. According to the depots of the American Securities and Exchange Commission (SEC), the strategy bought the tokens for an average price of $ 97,900 during the period.
An unrealized gain refers to the increase in the value of an asset that a company or an investor still holds but has not yet sold. It reflects the potential benefit according to current market prices, and not of the real money earned.
Despite a drop of 6% on Tuesday, the strategy share price has climbed more than 170% in the past year on the NASDAQ, according to tradingView data.
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Saylor has the performance of the strategy
In a post of Tuesday X, Saylor said that the company had generated a Bitcoin yield of 7.8% in the second quarter of this year. Bitcoin yield is the performance of the company, measuring the percentage of Bitcoin variation by supposed diluted part.
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The strategy is being purchased
The strategy pushed its Bitcoin strategy in 2025 to weekly purchases. The company acquired 4,980 bitcoin at the end of June.
A week earlier, the company revealed another acquisition of 245 bitcoins for $ 26 million. This follows the purchase by the company of 705 bitcoin for $ 75.1 million between May 26 and 30.
The strategy finances its Bitcoin purchases thanks to a mixture of debts, equity and favorite stock offers, an approach that certain analysts had qualified “highly accretive”, while others warn of the dilution of the shareholders.
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