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Strategy Plans to Raise Another $21 Billion to Buy Bitcoin Following Q1 Loss

By: cryptonews|2025/05/07 16:15:02
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Strategy, formerly known as MicroStrategy, reported a decline of $16.49 per common share in the first quarter of 2025—a result of Bitcoin’s price plunge during the span, the leading Bitcoin treasury firm announced Thursday. The Tysons Corner, Virginia-based company recorded a loss of $5.9 billion on its Bitcoin holdings for the period. Strategy said that it would issue a new $21 billion common stock equity offering, with co-founder and Executive Chairman Michael Saylor writing on X that the funding would help fuel future Bitcoin purchases. “With over 70 public companies worldwide now adopting a Bitcoin treasury standard, we are proud to be at the forefront in pioneering this space,” said Phong Le, president and CEO of Strategy, in a statement. Strategy has pioneered a strategy of issuing shares to add to its Bitcoin stores. Strategy has sold around $20.9 billion worth of common shares since it established its at-the-money equity offering program, with $128 million in common shares left for issuance and sale. In October, the company said it plans to raise $42 billion through equity and fixed income sales over the next three years to purchase more Bitcoin than it could otherwise. Strategy, which pivoted from software development to focus on the accumulation of Bitcoin, now owns around 554,000 worth of Bitcoin valued at about $53 billion based on the current price of the asset. Editor's note: This breaking story will be updated with additional details.

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