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Strategy plans to raise another $21 billion to buy BTC, Q1 loses $4.20 billion due to falling currency prices

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2025-05-01 21:29:43
Strategy took a $5.90 billion impairment in the first quarter due to the decline in bitcoin price, reporting a loss of $4.20 billion and a loss of $16.49 per share. The company announced a new $21 billion public market common stock offering and has raised its BTC yield target to 25% from 15% and its BTC dollar earnings target to $15 billion from $10 billion. As of April, the company held 553,555 bitcoins at an acquisition cost of $37.90 billion, with an average cost of $68,459 per coin. "Our capital markets strategy continues to grow bitcoin holdings while delivering outstanding value to shareholders," the company said.
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