$BTC Saylor’s Strategy Posts Q1 Loss, Announces $21B Capital Raise
Strategy, led by Bitcoin maxi Michael Saylor, reported its fifth straight quarterly loss for the March quarter, largely stemming from unrealized losses on its Bitcoin holdings. Strategy posted a net loss of $4.22 billion, or $16.49 per share, and had an unrealized loss of $5.91 billion on its Bitcoin holdings.
However, the company did announce a $21 billion at-the-market common stock offering, signaling that it intends to use the proceeds to buy more Bitcoin — largely in line with its previous stance.
Strategy’s stock has benefited greatly from this trend, as investors have snapped up the stock for its exposure to Bitcoin. Strategy is trading up 33% so far in 2025, far outpacing even Bitcoin.
Crypto Prices Today: Altcoins See Small Moves Too
The broader crypto market has all risen alongside Bitcoin, though the gains have been relatively limited.
The world’s No. 2 crypto Ether rose 0.1% to $1,842.14, while XRP fell 0.1% to $2.22.
Solana fell 0.6% while Cardano rose 1.5%. Dogecoin rose 1.7%.
$TRUMP fell 1.9%.