Strategy (formerly MicroStrategy) reported Q1 2025 results, disclosing bitcoin holdings of 553,555 BTC as of April 28 at a total cost of $37.9 billion, or $68,459 per BTC, with an estimated market value of approximately $52 billion. The company raised its 2025 BTC Yield target from 15% to 25% and BTC $ Gain target from $10 billion to $15 billion, and announced a new $21 billion at-the-market (ATM) equity offering.
