Q2 Profit Don Soar Reach $10B Because of BTC Gains; $84B 42/42
Strategy report say e make record profit for Q2 wey reach $10 billion, wen e get $13 billion BTC fair-value gain be di reason. Operating income jump 7,100% year on year reach $14 billion. Di firm get 628,791 BTC (about $73.3 billion) and dem raise dem full-year BTC yield target to 30% and Bitcoin gains goal to $20 billion. Strategy talk say dem go issue $4.2 billion preferred share (STRC) to fund up to 36,128 BTC buys under the $84 billion “42/42” acquisition plan. Even though crypto dey perform well, shares close for $401.86 and drop 1.4% after hours. CEO Phong Le talk say di stock be “misunderstood and undervalued” and e yan Strategy low P/E for S&P 500. Co-founder Michael Saylor and Le dey push for clear U.S. crypto regulation before the Digital Asset Market Clarity Act review.
Bullish
Strategy get plenty BTC holdings and dem dey do aggressive acquisition plan show say buying pressure for Bitcoin go strong, e dey support bullish outlook. For short term, announcement of record profits and issuance of preferred shares show confidence and potential inflows, wey fit boost trader sentiment and push price momentum. The small after-hours dip for the firm stock show market caution but e no change the real demand for BTC.
For long term, Strategy '42/42' plan to acquire $84 billion in BTC, plus the raised yield and gains targets, dey emphasize continued big scale accumulation. Together with calls for better U.S. crypto regulation, these factors dey improve market transparency and investor confidence. Traders suppose watch out for more BTC purchases under the STRC issuance and regulatory developments wey fit strengthen Bitcoin’s upward trend.