Strategy reports $4.2B loss but aims to raise $21B to buy more Bitcoin

Key Takeaways

Technique reported a $4.2 billion loss as a result of a $5.9 billion unrealized markdown reflecting Bitcoin’s value.
The corporate plans to lift $21 billion for an accelerative Bitcoin technique by fairness choices.

Technique reported a $4.2 billion web loss within the first quarter of 2025, primarily as a result of a $5.9 billion unrealized markdown underneath new honest worth accounting guidelines, reflecting Bitcoin’s quarter-end value of $82,445.

Regardless of the loss, the corporate is pushing forward with plans to lift $21 billion by an at-the-market fairness providing to fund its aggressive Bitcoin technique.

The deliberate capital elevate coincides with Bitcoin’s rise to just about $96,000 in late April, positioning Technique for an estimated $8 billion honest worth acquire in Q2.

In keeping with the report, Technique held 553,555 BTC as of late April, acquired at a mean value of $68,459, with shares up 27% year-to-date. The corporate added 301,335 of these throughout the first quarter, persevering with its aggressive accumulation technique.

Alongside the capital elevate, Technique additionally reported a year-to-date BTC Yield of 13.7%, a proprietary efficiency metric measuring the proportion change in Bitcoin per diluted share. Its BTC $ Acquire stood at $4.1 billion for the quarter, almost midway towards its unique $10 billion goal.

Now, the agency is getting extra formidable. It raised its BTC Yield goal to 25% from 15% and lifted its BTC $ Acquire goal to $15 billion. CEO Phong Le credited the momentum to “profitable capital execution” and mentioned over 70 public firms globally have begun adopting a Bitcoin treasury mannequin.