Behind Strategy’s $22B Bitcoin Profit Is Over $11B in Debt and a Failing Business

A new SEC filing from Strategy (formerly MicroStrategy) reveals the high-stakes financial reality behind its massive Bitcoin bet. While the company holds a staggering $22 billion in unrealized profit, its core software business is failing to generate cash, and it is servicing over $11 billion in debt.  As of June 30, 2025, the company holds […] The post Behind Strategy’s $22B Bitcoin Profit Is Over $11B in Debt and a Failing Business appeared first on Coin Edition.