Strategy beat Wall Street expectations for the second quarter with revenue of $114.49 million and adjusted earnings of $32.52 per share, according to Benzinga Pro. The Bitcoin-focused company doing business as MicroStrategy reported total revenue up 2.7% year-over-year, led by strong gains in subscription services. The company ended the quarter with $50.1 million in cash, up from $38.1 million at the end of 2024. Executive chairman Michael Saylor highlighted the July IPO of STRC, a variable-rate dividend security designed for stability and yield. Strategy also reported a second-quarter Bitcoin gain of 88,109 BTC and held 597,325 BTC as of June 30, acquired at an average price of $70,982. Shares rose 1.28% in after-hours trading to $407.
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