--- title: "Michael Saylor's Strategy Gears Up to Report Q2 Earnings—Will Bitcoin's Persistent Declines Weigh on Results?" type: "News" locale: "en" url: "https://longbridge.com/en/news/293912352.md" description: "Strategy Inc. (MSTR) reports Q2 earnings Thursday, with analysts expecting a $2.19 loss and revenue of $121.88 million. The company holds 843,775 BTC valued at over $55 billion, currently facing paper losses exceeding $8 billion due to Bitcoin's 14% quarterly decline. MSTR halted BTC purchases for a month to boost cash reserves to $3.225 billion. While Barclays rates the stock 'Overweight' with a $130 target, short interest has risen, indicating bearish sentiment despite some technical buy signals." datetime: "2026-07-27T09:21:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293912352.md) - [en](https://longbridge.com/en/news/293912352.md) - [zh-HK](https://longbridge.com/zh-HK/news/293912352.md) generator: "portal-rs" --- # Michael Saylor's Strategy Gears Up to Report Q2 Earnings—Will Bitcoin's Persistent Declines Weigh on Results? **Strategy Inc.** (NASDAQ:MSTR) will report its second-quarter earnings after the market close on Thursday. Here’s a quick overview of what’s going on with the company and its stock. ## Strategy To Report Loss Again? Analysts estimate the **Bitcoin** (CRYPTO: BTC) holding giant to report a loss of $2.19 per share, according to data from TradingView and FactSet. The company is expected to announce quarterly revenue of $121.88 million, reflecting an increase of 6.40% from the same quarter last year. The MSTR stock has a consensus price target of $360 with a “Buy” rating, implying a potential upside of 294.2% from current levels. **Barclays** began coverage of the stock earlier this month, assigning an “Overweight” rating and a price target of $130. This means an expert believes the stock will do better than its industry peers or the overall market. **Read Also: Bitcoin Holds Ground, Meme Coins Diverge, CLARITY Act Looms Large and More: This Week in Crypto** ## MSTR Stock Leaning Bearish Or Bullish? Short interest in the MSTR stock rose to $42.80 million, now representing 12.70% of total float, indicating a “rising bearish” outlook. The Moving Average Convergence Divergence indicator, which compares two exponential moving averages of an asset’s price, flashed a "Buy" signal for MSTR, according to TradingView. The Relative Strength Index hovered just below 40, implying a "Neutral" condition. **Strategy** holds 843,775 BTC valued at over $55 billion, currently sitting on paper losses of more than $8 billion. Bitcoin fell over 14% in the second quarter, sparking concerns over the impact on Strategy’s revenue and profitability. ## Will Saylor Resume BTC Purchases? The company has halted Bitcoin purchases for a month, selling 3,620 BTC to bolster its cash reserve to $3.225 billion. As is his Sunday custom, Saylor posted a StrategyTracker chart highlighting each purchase against Bitcoin’s price history. “We’re gonna need another color," he wrote, sparking curiosity about whether he plans to resume buying Bitcoin. > We’re gonna need another color. pic.twitter.com/AqZO5UeXDx > > — Michael Saylor (@saylor) July 26, 2026 **Price Action**: At the time of writing, BTC was exchanging hands at $65,384.39, up 1.56% over the last 24 hours, according to data from Benzinga Pro. Strategy shares were up 0.93% in pre-market trading after closing 2.09% lower at $91.67 during Friday’s regular trading session. **Read Also: Michael Saylor's Strategy's Situation Feels 'Eerily Similar' to FTX Collapse, Says Crypto Analyst: 'Rumors Create Doubt, Doubt Creates Selling…'** *Photo courtesy: T. 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