Earnings Summary
- Operating Income for Q2: $14.0 billion
- Net Income for Q2: $10.0 billion
- Diluted Earnings per Share for Q2: $32.60
Bitcoin Overview
- Bitcoin holdings: 628,791, with a total cost of $46.07 billion ($73,277 per bitcoin year-to-date)
- BTC Yield for 2025 year-to-date: 25.0%
- BTC $ Gain for 2025 year-to-date: $13.2 billion
Fiscal Year 2025 Earnings Projections
- Projected Operating Income: $34 billion
- Projected Net Income: $24 billion
- Projected Diluted Earnings per Share: $80
TYSONS CORNER, Va., July 31, 2025 – MicroStrategy® Incorporated, also known as Strategy™ (Nasdaq: MSTR/STRK/STRF/STRD/STRC), the largest corporate holder of Bitcoin and the world’s first Bitcoin Treasury Company, has announced its financial results for the quarter ended June 30, 2025.
“In the second quarter and into July, Strategy demonstrated exceptional execution and growth. Our bitcoin holdings have increased to 628,791 bitcoins, while we raised over $10 billion through our ATM programs and IPOs. There’s a rising demand for our securities, which is evidenced by our largest IPO, STRC. These efforts have led to a 25% year-to-date increase in Bitcoin per Share (BPS), prompting us to raise our BTC Yield and BTC $ Gain targets to 30% and $20 billion, respectively,” stated Phong Le, President and CEO.
“With the increased price of Bitcoin during the second quarter, our operating income reached $14 billion, and diluted EPS was $32.60. These record financial outcomes rank among the best of any public firm globally. As we forecast for FY2025, we anticipate an Operating Income of $34 billion, Net Income of $24 billion, and Diluted EPS of $80 per share, assuming a Bitcoin price of $150,000 by year-end,” remarked Andrew Kang, CFO.
For additional insights, Strategy will host a live Video Webinar today at approximately 5:00 PM ET to discuss its Q2 financial results. The webinar materials will be accessible under the “Events and Presentations” section on Strategy’s investor relations website.
