The strategy incurred losses of $4.2 billion despite the rise of bitcoin
🔵 In Q1, the company earned $5.8 billion from BTC, but this did not prevent a net loss of $4.2 billion
🔵 The main reason — unrealized losses on balance sheet bitcoins ($5.9 billion)
🔵 Strategy's shares fell to $380.11 after the report, but have increased by +31.76% since the beginning of the year
💵 Operating expenses increased by nearly 2000% — to $6 billion
💬 Chief Financial Officer Andrew Kang stated that the company aims for a 25% annual return and $15 billion profit
🪙 Strategy owns 553,555 BTC — this is 2.63% of the total bitcoin issuance, worth $53.38 billion
🧾 A share issuance of $21 billion has been announced