🚨Strategy (MSTR) Misses Q1 #Earnings —but Doubles Down on Bitcoin
Despite a $4.2B loss and a major earnings miss, Michael Saylor's Strategy remains all-in on BTC.
🔹 Q1 Net Loss: $4.2B (est. loss: $0.11/share vs actual: $16.49)
🔹 Revenue: $111.1M, down 3.6% YoY
🔹 BTC Bought in Q1: 80,715 BTC
🔹 BTC Holdings: 553,555 BTC (~$52B)
🔹 OpEx: $6B, +1,100% YoY
🔹 BTC $ Gain Target (2025): Raised to $15B (from $10B)
🔹 New $21B equity offering announced
Chairman Saylor: “Our business model is to securitize Bitcoin. We’ll just keep buying.”