Strategy earned nearly 3x more than Goldman Sachs in Q2 thanks to Bitcoin surge

Bitcoin-focused steadfast Strategy posted $10 cardinal successful nett income for the 2nd 4th of 2025, its strongest fiscal show to date.

Bitwise CIO Matt Hougan pointed out that Strategy’s profits were astir 3 times higher than Goldman Sachs, which reported $3.7 cardinal implicit the aforesaid period.

Strategy besides outperformed Bank of America, which earned $6.8 cardinal during Q2, contempt having a overmuch larger and much diversified concern model.

Considering this, Bitwise Senior Investment Strategist Juan Leon described the net arsenic a milestone successful profitability for the Michael Saylor-led firm. She noted:

“[This is the] strongest quarterly profitability successful the company’s history.”

The firm’s Bitcoin treasury played a pivotal relation successful this grounds performance.

By the extremity of the quarter, Strategy had accrued its Bitcoin holdings to 628,791 BTC, acquired astatine a cumulative outgo of $46.07 billion. With Bitcoin trading astatine an mean of $73,277 per coin, the institution registered a 25% year-to-date instrumentality and implicit $13.2 cardinal successful unrealized gains.

Based connected these results, Strategy raised its interior targets, present aiming for a 30% yearly BTC output and $20 cardinal successful unrealized Bitcoin gains by year-end.

$4.2 cardinal STRC offering

Shortly aft releasing its earnings, Strategy filed for a $4.2 cardinal offering of its new recognition instrument, STRC stock.

The steadfast plans to merchantability these shares gradually done an at-the-market (ATM) program, factoring successful marketplace terms and trading measurement astatine each sale.

Proceeds from the offering volition beryllium utilized to acquisition further Bitcoin, screen operational expenses, and perchance wage dividends connected different preferred shares.

STRC, a short-term, high-yield preferred stock, was archetypal launched successful precocious July. Each stock carries a $100 liquidation penchant and pays monthly dividends, starting astatine an archetypal annualized complaint of 9.00%.

Strategy retains flexibility to set the dividend complaint depending connected Bitcoin’s price, the firm’s leverage ratio, oregon different BTC-linked metrics. This operation offers output stableness portion keeping the stock’s marketplace terms adjacent to its par value.

Saylor emphasized that STRC strengthens Strategy’s superior marketplace operations, offering investors some output and vulnerability to Bitcoin’s upside.

The station Strategy earned astir 3x much than Goldman Sachs successful Q2 acknowledgment to Bitcoin surge appeared archetypal connected CryptoSlate.