Key dealers
- Strategy reported a $ 4.2 billion loss due to an unrealized grounddown of $ 5.9 billion that reflects Bitcoin price.
- The company plans to raise $ 21 billion for an accelerative bitcoin strategy through equity offers.
Strategy reported A net loss of $ 4.2 billion during the first quarter of 2025, mainly due to an unrealized markdown of $ 5.9 billion according to new accounting rules for fair value, which reflects Bitcoin’s quarterly price of $ 82,445.
Despite the loss, the company drives forward with plans to raise $ 21 billion through a limited company in the market to finance its aggressive Bitcoin strategy.
The planned capital increase coincides with Bitcoin’s increase to almost $ 96,000 at the end of April, and the positioning strategy for an estimated $ 8 billion fair profit survey during the second quarter.
According to the report, the strategy contained 553 555 BTC at the end of April, acquired at an average cost of $ 68,459, with shares up 27% year to date. The company added 301,335 of them during the first quarter and continued its aggressive accumulation strategy.
In addition to the capital increase, the strategy also reported an annual year from BTC of 13.7%, a proprietary performance metric that measures the percentage change in Bitcoin per diluted share. Its BTC $ reinforcement amounted to $ 4.1 billion for the quarter, almost halfway to its original target of $ 10 billion.
Now the company becomes more ambitious. It raised its BTC return target to 25% from 15% and lifted its BTC $ reinforcement target to $ 15 billion. CEO Phong Le credited to “Successful capital execution” and said that over 70 public companies globally have begun to adopt a Bitcoin Treasury model.