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Strategy Backs Market Structure Bill After Reporting $8.22B Quarterly Loss

Strategy Backs Market Structure Bill After Reporting $8.22B Quarterly Loss

The post Strategy Backs Market Structure Bill After Reporting $8.22B Quarterly Loss appeared first on Coinpedia Fintech News

Strategy, formerly known as MicroStrategy, endured a bruising second quarter, yet the company wasted little time shifting attention back to crypto policy. One day after reporting earnings on July 30, the company backed the market structure bill, arguing that clearer digital asset regulations could improve institutional participation and, ultimately, its own funding model. The numbers …