Strategy Amplifies Bitcoin Holdings with $21B Equity Offering Amid Q1 Losses
Despite reporting a Q1 net loss of $4.2 billion, primarily due to a $5.91 billion unrealized loss on its cryptocurrency assets, Strategy (formerly MicroStrategy) is intensifying its Bitcoin investment strategy. The company announced a new $21 billion at-the-market equity offering aimed at acquiring additional Bitcoin$BTC , reflecting its unwavering confidence in the digital asset's long-term value.
