Strategy, which is the $64 billion bitcoin treasury company led by Michael Saylor, has one overriding objective: acquire as much bitcoin as possible as quickly as possible. However, the firm posted 11-figure losses for the second quarter running, as the bitcoin price currently sits well below the all-time high of $125,000 reached in October of last year. Still, Strategy has continually lined up new funding sources that have allowed it to keep buying bitcoin in 2026. In its 2026 first-quarter earnings report released on Tuesday, Strategy reported a net loss of $12.54 billion, which followed $17.44 billion in losses for the final quarter of 2025 . The overwhelming share of those figures consists of unrealized declines associated with bitcoin’s lower price. The company has never sold any of the bitcoin it has acquired; however, it looks increasingly open to that eventual possibility . Its stash now stands at 818,334, or roughly 3.9% of the entire bitcoin supply.…