Despite a loss of over 5.9 billion USD in Q1/2025 due to a sharp decline in Bitcoin prices, Strategy – the company holding the most BTC in the world (formerly MicroStrategy) – just announced a plan to raise an additional 21 billion USD to continue purchasing more Bitcoin.



Financial details for Q1/2025: Recently suffered heavy losses while buying aggressively.



  • Reported loss: 5.9 billion USD from holding Bitcoin, equivalent to 16.49 USD loss per common share.



  • Revenue: 111 million USD, slightly down 3.6% compared to the same period last year.



  • Software subscription service: Revenue surged 61.6% to 37.1 million USD.



  • Average BTC purchase price: 68,459 USD/BTC as of April 28.



  • Amount of BTC held: Approximately 554,000 $BTC , worth ~53 billion USD at the current price (~96,600 USD/BTC).




The strategy of 'issuing stock to acquire BTC': Not backing down despite losses.


Since launching the ATM (at-the-money) stock issuance program, #strategy has:



  • Sold over 20.9 billion USD in common stock to acquire more BTC.



  • Currently, about 128 million USD in unissued stock remains.



  • In October 2024, the company revealed plans to raise a total of 42 billion USD over the next 3 years to continue purchasing BTC through stocks and bonds.




Recently, they announced a plan to issue an additional 21 billion USD in common stock, aiming to "accelerate BTC accumulation beyond normal levels."



What does the Strategy leader say?



  • Phong Le (CEO):





"With over 70 listed companies worldwide now adopting the Bitcoin reserve standard, we are proud to be the pioneers leading this wave."




  • Michael Saylor (Co-founder and Executive Chairman):





Reaffirming commitment to Bitcoin by stating that the raised funds will continue to be used to purchase more BTC.




Market effects and MSTR stock.



  • MSTR stock rose 50% during the period the company completed the sale of 21 billion USD in stock and purchased an additional 301,335 BTC.



  • MSTR is currently trading around 381.6 USD/share, having reached 403 USD during the day – near its historical peak – thanks to positive business results from tech companies like Meta and Microsoft.





Impact on the crypto market and Binance users.


The plan to continue massive fundraising to acquire Bitcoin from Strategy shows:



  • Long-term commitment to Bitcoin, despite short-term volatility.


  • Signals indicate that many large companies are viewing BTC as a 'strategic asset', not just a speculative tool.




Binance users may consider:



  • Monitor large BTC purchases from institutions like Strategy to identify market sentiment trends.



  • Utilize derivatives tools or the Earn feature on Binance to participate in the BTC market more flexibly.



  • Reassess personal strategy: Are you willing to 'hold short-term losses' to pursue a long-term accumulation strategy like Strategy? #anhbacong






Risk warning: The cryptocurrency market is always highly volatile and is not suitable for everyone. All investment decisions should be based on personal research, thorough risk assessment, and should not solely rely on the actions of large institutions.