Bitcoin-oriented business strategy recorded $ 10 billion in net result for the second quarter of 2025, the strongest financial performance so far.
Bitwise Cio Matt Hougan noted The profit of that strategy was almost three times higher than Goldman Sachs, who reported $ 3.7 billion in the same period.
Strategy also performed better than Bank of America, which earned $ 6.8 billion during the second quarter, despite the fact that they had a much larger and more diversified business model.
In view of this, Bitwise Senior Investment Strategist Juan Leon described the income as a milestone in profitability for the company led by Michael Saylor. She noted:
‘[This is the] The strongest quarterly profit in the history of the company. “
The Bitcoin Treasury of the company played a crucial role in these record performance.
By the end of the quarter, the strategy had raised its Bitcoin Holdings to 628,791 BTC, acquired at a cumulative cost of $ 46.07 billion. The company registered a return of 25% years to date and more than $ 13.2 billion in non-realized profits.
Based on these results, internal goals, now aimed at an annual BTC revenue of 30% and $ 20 billion in non-realized Bitcoin profits by the end of the year.
$ 4.2 billion STRC offer
Shortly after releasing its income, the strategy applied for an range of $ 4.2 billion from its new credit instrument, STRC shares.
The company is planning to gradually sell these shares through an ATth-Market (ATM) program, to take into account market price and trade volume for each sale.
The proceeds from the offer will be used to buy extra Bitcoin, cover operational costs and possibly pay dividends to other preference shares.
Strc, a short -term stock, for preference, was launched for the first time at the end of July. Each share has a liquidation preference of $ 100 and pays monthly dividends, starting with an initial annual rate of 9.00%.
Strategy reserves the flexibility to adjust the dividend speed, depending on the price of Bitcoin, the leverage ratio of the company or other BTC linked statistics. This structure offers yield stability while the market price of the shares is kept close to its nominal value.
Saylor emphasized that STRC strengthens the capital market activities of the strategy, and investors offers both yield and exposure to the benefit of Bitcoin.
