Strategy Earned $10B in Q2 on Back of Bitcoin Price Gain

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Disclaimer: The analyst who co-wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR), the largest corporate holder of bitcoin (BTC), posted second-quarter operating earnings of $14 billion or $32.60 per share, and net income of $10 billion. The massive profit came as the price of bitcoin rose roughly 30% during the thre-month period. "Strategy has achieved a year-to-date BTC Yield of 25%, meeting our full year target well ahead of our initial timeline," said CFOM Andrew Kang. "As a re...