Strategy's stock price fell 4.1% in pre-market trading. This comes after the company announced last week that it sold a large amount of Bitcoin and recorded significant losses related to virtual assets in the second quarter. According to a report filed by Strategy with regulatory authorities, the company sold a total of 3,588 Bitcoins between June 29 and July 5, raising approximately $200 million. Strategy announced a total loss of $8.32 billion (approximately 11.4 trillion won) related to digital assets in its second-quarter earnings report, which ended on June 30. Of this, $8.31 billion was identified as an unrealized valuation loss due to the decline in Bitcoin's value.
