Strategy Reports $4.2 Billion Loss Amid Bitcoin Price Decline

According to Odaily, Strategy reported a $4.2 billion loss in the first quarter due to a $5.9 billion impairment from the decline in Bitcoin prices, resulting in a loss of $16.49 per share. The company has announced a new $21 billion public market common stock issuance plan and has increased its Bitcoin yield target from 15% to 25%, with the dollar yield target rising from $10 billion to $15 billion. As of April, the company holds 553,555 Bitcoins, acquired at a total cost of $37.9 billion, averaging $68,459 per Bitcoin. The company stated, "Our capital market strategy continues to grow Bitcoin holdings while delivering exceptional value to shareholders."