{"id":24801,"date":"2025-05-01T21:32:04","date_gmt":"2025-05-01T21:32:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24801"},"modified":"2025-05-01T21:32:04","modified_gmt":"2025-05-01T21:32:04","slug":"strategy-raising-another-21b-to-buy-bitcoin-posts-large-q1-loss-on-btc-price-decline","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24801","title":{"rendered":"Strategy Raising Another $21B to Buy Bitcoin, Posts Large Q1 Loss on BTC Price Decline"},"content":{"rendered":"<div>\n<p><strong><em>Disclaimer: The analyst who co-wrote this piece owns shares of Strategy (MSTR).<\/em><\/strong><\/p>\n<p>Strategy (MSTR) reported a <a href=\"https:\/\/www.strategy.com\/press\/strategy-announces-first-quarter-2025-financial-results_05-01-2025\">first-quarter 2025<\/a> loss of $16.49 after posting a $5.9 billion writedown on its bitcoin stack thanks to a sizable decline in the price of BTC during the year&#8217;s first three months.<\/p>\n<p>Led by Executive Chairman Michael Saylor, the company, though, shows no signs of slowing its pace of bitcoin acquisitions. Having used up nearly all of its previous $21 billion common stock offering with its most recent BTC buys last week, the company alongside earnings announced a fresh $21 billion at-the-market offering.<\/p>\n<p>Turning to its software business, revenue for the quarter fell 3.6% to $111.1 million from $115.2 million the year before. Subscription services revenue for the quarter came in at $37.1 million, compared with $23.0 million in the year prior.<\/p>\n<p>During the quarter, Strategy achieved an 11.0% &#8220;BTC Yield&#8221;, reflecting growth in bitcoin (<a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\/\">BTC<\/a>) holdings relative to diluted shares outstanding. The &#8220;BTC $ Gain&#8221; for the quarter was around $4.1 billion, moving the company closer toward its target of a $10 billion gain for the year.<\/p>\n<p>The company lifted its long-term target for BTC Yield to 25% from 15% and for BTC $ Gain to $15 billion from $10 billion.<\/p>\n<\/p>\n<p>Shares of the company are trading 27% higher year-to-date. Bitcoin is trading around $96,547, about 2.5% higher over the past 24 hours.<\/p>\n<p>Including April purchases, the company holds 553,555 bitcoin acquired for $37.9 billion or $68,459 each. That stack is worth roughly $53 billion at the current price.<\/p>\n<p>\u201cOur capital markets strategy continues to grow our Bitcoin holdings while delivering superior shareholder value. With over 70 public companies worldwide now adopting a Bitcoin treasury standard, we are proud to be at the forefront in pioneering this space.\u201d Phong Le, president and CEO of Strategy, said in a statement.<\/p>\n<\/p>\n<p>Shares are marginally higher in after hours trading.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Disclaimer: The analyst who co-wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR) reported a first-quarter 2025 loss of $16.49 after posting a $5.9 billion writedown on its bitcoin stack thanks to a sizable decline in the price of BTC during the year&#8217;s first three months. Led by Executive Chairman Michael Saylor, the company, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-24801","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24801"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24801\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}