Strategy Bets Big on Bitcoin: Doubles Down on Acquisitions Despite $4.2 Billion Loss

Despite a staggering $4.2 billion net loss in Q1 2025, Strategy has doubled down on its ambitious Bitcoin acquisition strategy. The firm is planning to raise an unprecedented $21 billion through an at-the-market equity offering to fund aggressive BTC purchases. This capital infusion comes despite the company’s significant unrealized markdown of $5.9 billion due to updated accounting rules requiring companies to reflect the market price of Bitcoin at quarter’s end, bringing the total value down to $82,445 per BTC.