Strategy misses Q2 earnings estimates by a wide margin

Jul 30, 2026 8:19 PM

Michael Saylor’s Bitcoin obsession has triggered a staggering $8.22 billion net loss, missing earnings estimates by over 1,000%. With an average purchase price of $75,476 per BTC—well above current market value—and the stock down 75% over the last year, the "HODL" strategy is bleeding out. Even the company paused buying to save its balance sheet. Is this a visionary long-term play, or is it time to admit this massive gamble has failed? What’s your take?
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