According to Forbes Digital Assets, Strategy incurred a net loss of $8.2 billion in the second quarter, mainly due to unrealized losses of $8.3 billion in digital assets, and software business revenue of $122 million. Strategy sold 1690 bitcoins to cash out $109 million, issued common stock to raise $334 million, of which $52 million was used for dividends, $132 million was used for repurchases, and $149 million was put into reserves. Twenty One Capital disclosed that Strategy holds 43514 bitcoins worth approximately $2.8 billion, with an equity market value of approximately $1.6 billion. Among them, 16116 bitcoins were pledged as collateral for $485 million in convertible bonds, corresponding to $106 million in cash. Strategy's US dollar reserves reach 4.8 billion US dollars, which can cover approximately 2.7 years of debt and dividend payments.