Bitcoin News Today: Strategy Q2 Earnings Surpass Goldman Sachs 3x Amid Bitcoin Rally

In the second quarter of 2025, a Bitcoin-focused investment firm, Strategy, reported a record $10 billion in net income, outperforming traditional financial giants like Goldman Sachs and Bank of America. This performance, nearly three times higher than Goldman Sachs' $3.7 billion in Q2 earnings, marked the strongest quarterly profitability in the firm’s history [1]. The surge was driven by Bitcoin’s price rise, with Strategy’s Bitcoin treasury valued at over $46 billion in cumulative cost, and the firm holding 628,791 BTC by the end of the quarter [1].

The investment strategy, led by Michael Saylor, saw Bitcoin trading at an average of $73,277 per coin, resulting in a 25% year-to-date return and more than $13.2 billion in unrealized gains. Based on these results, the firm has set new internal targets, aiming for a 30% annual BTC yield and $20 billion in unrealized Bitcoin gains by year-end [1]. Bitwise Senior Investment Strategist Juan Leon highlighted the milestone as a significant achievement in profitability for the firm, given its heavy reliance on Bitcoin as a core asset [1].

Soon after the earnings release, Strategy announced a $4.2 billion offering of its new preferred stock, STRC, to be sold gradually through an at-the-market program. The proceeds will be used to purchase additional Bitcoin, cover operational costs, and potentially fund dividends on other preferred shares. STRC, a short-term, high-yield preferred stock, carries a $100 liquidation preference and pays monthly dividends starting at 9.00% annually [1]. The firm retains the flexibility to adjust the dividend rate based on Bitcoin's price, leverage ratio, and other BTC-linked metrics, aiming to provide yield stability and exposure to Bitcoin’s upside [1].

The outperformance by a Bitcoin-centric strategy over traditional financial institutions like Goldman Sachs and Bank of America underscores the increasing influence of digital assets in the investment landscape. While the firm’s success was fueled by Bitcoin's price surge, the same volatility that drove gains could also pose risks in a downturn. The Q2 results highlight the potential of alternative allocations to deliver superior returns, but also the need for careful risk management [1].

Source: [1] Strategy Earned Nearly 3x More Than Goldman Sachs in Q2 Thanks to Bitcoin Surge (https://cryptoslate.com/strategy-earned-nearly-3x-more-than-goldman-sachs-in-q2-thanks-to-bitcoin-surge/)