Bitcoin Holdings at Risk: Strategy May Need to Sell for Financial Obligations

Software firm Strategy, led by Michael Saylor, faces a potential financial challenge as the company anticipates an unrealized loss of $6 billion in Q1 2025. Despite receiving a $1.69 billion tax benefit, Strategy holds over 528,000 Bitcoin valued at more than $35 billion, acquired at an average price of $67,458 per coin. To manage debt and potentially increase its Bitcoin holdings, the company plans to raise $2.1 billion through preferred stock offerings. This move aims to secure capital while addressing financial obligations, but selling a portion of Bitcoin could be necessary if funding is not secured immediately.