MicroStrategy launches a new $21 billion financing plan, undeterred by a $5.9 billion loss in Q1 Bitcoin 'keep buying'

MicroStrategy announced its latest financial report yesterday, despite facing a book loss of $5.9 billion in the first quarter, it still announced a new refinancing plan to raise $21 billion to continue purchasing BTC. (Background: MicroStrategy's stock price tripled since last October: Analyzing Bitcoin's financial magic) (Background Supplement: MicroStrategy spent $1.92 billion to buy 22,000 BTC, Michael Saylor: Bitcoin will surge to $13 million within 20 years) The Bitcoin holding leader among US-listed companies, MicroStrategy, announced its financial report yesterday. Despite a book loss of up to $5.9 billion due to Bitcoin price fluctuations in the first quarter of 2025, the company unwaveringly announced the launch of a new stock issuance plan of up to $21 billion. Financial Situation and Bitcoin Strategy According to the report, the $5.9 billion book loss primarily stems from the fair value impairment of Bitcoin assets under accounting standards, as the market price of Bitcoin fell from $93,390 in Q4 2024 to $82,445 in Q1 this year. Nevertheless, MicroStrategy continues to firmly increase its Bitcoin holdings. As of April 28, MicroStrategy had 553,555 Bitcoins, with a historical investment of $37.9 billion and an average purchase cost of $68,459. Furthermore, the company announced the initiation of a new $21 billion market financing, with a clear goal of continuing to buy, buy, buy and increase its Bitcoin holdings. Market Response to High-Risk Strategy MicroStrategy insists on viewing Bitcoin as a core asset and has a near-faithful embrace of cryptocurrency strategies, which has influenced dozens of publicly listed companies worldwide to follow suit. However, I must remind you that due to its holding structure, MicroStrategy's balance sheet will experience significant fluctuations with Bitcoin prices, and the short-term high-risk nature cannot be ignored. However, in the long term, I believe MicroStrategy will ultimately benefit from Bitcoin's value. Although the MSTR stock price has experienced significant fluctuations in the past two months, it has still risen 27% since the beginning of this year, with a market value once again exceeding $100 billion. Related Reports Michael Saylor: There are 55 million people indirectly "holding MicroStrategy supported BTC," hinting at buying Bitcoin again. A new crypto aircraft carrier is born! Tether, SoftBank, and Bitfinex jointly established “21 Capital” with $3 billion: all buying Bitcoin to replicate MicroStrategy's success. Bitwise launched a “Bitcoin concept ETF” tracking companies holding over 1,000 BTC, including MicroStrategy, mining companies, game developers... A quick overview of the top ten component stocks "MicroStrategy launches a new $21 billion financing plan, undeterred by a $5.9 billion loss in Q1 Bitcoin 'keep buying'" This article was first published on BlockTempo (BlockTempo - the most influential blockchain news media).