Its capital collection efforts probably waiting in the middle of the market panic, the strategy (MSTR) do not add to its Bitcoin (BTC) holdings last week.
In addition, the company expects to inform a net loss for the first quarter due to an unrealized loss of $ 5.91 billion in its Bitcoin holdings, according to a presentation on Monday morning. This follows the adoption of new accounting rules that require cryptographic assets to be marked to the market. A fiscal benefit of $ 1.69 billion is expected to partially compensate the loss.
The strategy raised a total of $ 7.69 billion during the quarter, $ 4.4 billion of sales of common shares and the rest of the issuance of preferred shares. The majority or all these funds were used to buy Bitcoin at much higher prices than the current $ 77,000.
In fact, the average purchase price in the BTC battery of 528,185 of the company has increased to almost $ 67,500, which means that the company is ahead only about 14% in its holdings.
MSTR shares are lower at 9% in the early action of Monday, now decreasing 10% in the year to date, but still ahead of 77% year after year.
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