$MSTR - MICROSTRATEGY HAS A PLAN TO BUY EVEN MORE BITCOIN.

MicroStrategy, now more focused on Bitcoin than on software, reported losses in the first quarter of $4.230 million ($16.49/share), much worse than expected.

Revenue fell by 3.6% to $111.1 million, missing forecasts. The company launched a new and bold "Plan 42/42" to raise $84 billion in two years for the purchase of Bitcoin, following last year's "Plan 21/21" of $42 billion.

Analysts say the stock remains a solid indicator of Bitcoin, trading at 2.13 times the net asset value (NAV), with solid performance despite market volatility.