Strategy Doubles Bitcoin Buying Plan To $84B Despite 1Q Loss

By: cryptosheadlines|2025/05/03 01:30:04
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Join Our Telegram channel to stay up to date on breaking news coverageStrategy said it will double its capital raising plan to $84 billion to buy more Bitcoin, even after posting a record $4.2 billion loss in the first quarter.In a May 1 earnings call, the Bitcoin buying company, previously known as MicroStrategy, reported revenues of $111.1 million for the first quarter, down 3.6% from the same quarter last year and well short of the 5% Wall Street analysts had forecast.Strategy’s net loss of $4.2 billion, caused by an accounting revision that shows the firm’s Bitcoin holdings valued at market prices, was around $16.49 per diluted share, far above analysts’ anticipated 11 cents per share loss.Strategy Doubles Capital Raising Plan To Buy More BitcoinDespite the drop in revenue and the first-quarter loss, Strategy reported a year-to-date (YTD) yield of 13.7% on its BTC holdings. The company said that its YTD yields for its Bitcoin stockpile equates to a gain of more than 61,000 BTC valued at around $5.8 billion. Bitcoin yield and gain are unofficial accounting metrics that Strategy uses to gauge the performance of its aggressive acquisition of the leading crypto. Chief Financial Officer Andrew Kang said that the goal is to boost the yield to 25%..To achieve the higher yield and Bitcoin target, the firm said in the call that it will double its 21/21 capital raise plan to $42 billion equity and $42 billion fixed income to purchase more Bitcoin. Strategy announces BTC Yield of 13.7% and BTC $ Gain of $5.8B year-to-date, doubles capital plan to $42B equity and $42B fixed income to purchase bitcoin, and increases BTC Yield target from 15% to 25% and BTC $ Gain target from $10B to $15B. $MSTR $STRK $STRF— Strategy (@Strategy) May 1, 2025Strategy Stock Up 27% YTDThe earnings call was followed by a slight uptick in Strategy’s stock (MSTR), according to Google Finance. However, this gain was erased in after-hours trading. Despite this, the firm’s shares are still up more than 27% YTD. Data from SaylorTracker shows Strategy holds 553,555 BTC. This makes the firm the largest corporate holder of Bitcoin.Related Articles:Best Wallet – Diversify Your Crypto Portfolio Easy to Use, Feature-Driven Crypto WalletGet Early Access to Upcoming Token ICOsMulti-Chain, Multi-Wallet, Non-CustodialNow On App Store, Google PlayStake To Earn Native Token $BEST250,000+ Monthly Active Users Join Our Telegram channel to stay up to date on breaking news coverageSource link

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