Strategy plans to raise USD $ 21,000 million to acquire more BTC despite quarterly losses

The company reported losses for USD $ 4.2 billion, most “Not made” for fluctuations in the price of Bitcoin. Despite this, it contemplates collecting other USD $ 21,000 million to continue with your reservation strategy BTC

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• Strategy registered losses for USD $ 4,200 million.
• Most of the losses are “Not made”associated with the fall in the price of Bitcoin.
• The company now has BTC 553,555, with market value of USD $ 52,000 million.
• Plans to raise other USD $ 21,000 million with sale of shares, while your model is still focused on Bitcoin.

Strategy, Company founded and directed by Michael Saylor, his financial results corresponding to the first quarter of the year reported Thursday, revealing a net loss of USD $ 4,200 million, although, at the same time, he announced plans to raise other USD $ 21,000 million and continue buying Bitcoin.

This was revealed by the team of Strategy In its most recent quarterly balance, where it revealed that the company’s operating expenses reached the USD $ 6,000 million, a figure that represents an interannual increase of more than 1,100%. Much of this increase is attributed to unrealized losses related to its investments in Bitcoin, They added USD $ 5,910 million.

These losses originate after an investment of USD $ 7,660 million to acquire BTC 80,715 during the first quarter of the year. Although the price of Bitcoin He has shown recovery throughout recent weeks, volatility continues to affect corporate accounts.

The result was a net loss of USD $ 4.2 billion, equivalent to USD $ 16.49 per diluted action. According to recently published reports, analysts of Wall Street They expected a much lower loss, estimated at just USD $ 0.11 per share.

Plans to raise more capital

The company’s total revenues were USD $ 111.1 million, a 5% figure below consensus estimates and 3.6% lower compared to the same period of the previous year. However, the subscription segment grew 61%, contributing USD $ 37.1 million.

At the close of the quarter, Strategy It had USD $ 60.3 million in cash and equivalents. While these results are lent to reflection, the company shows that it will not stop its investment strategy Bitcoin, since it announced a new shares issuance program for USD $ 21,000 million.

According to reports, this measure is within expected, since the capital raised so far by Strategy It has been invested mainly in more acquisition of BTC. In the midst of these results, the firm maintains its strategy focused on the accumulation and valuation of Bitcoin, since as of March 31, Laa Company reported that it had a total of BTC 553,555, with an estimated market value of USD $ 52,000 million.

“Our business model is based on acquiring Bitcoin”, Michael Saylor said in a recent seminar organized by The Block. “We will continue buying”, Indian.

The annualized performance of the strategy in Bitcoin, according to the own indicators of Strategy, It was 13.7%. This metric, called “BTC YIELD”measures the percentage growth of the quotient between the BTC that the company has and the shares diluted in circulation.

In addition, Strategy He reported a “BTC GAIN” of 61,497 units so far this year, along with a “BTC $ GAIN” of USD $ 5.8 billion. The latter is calculated by multiplying the initial BTC possession by the performance obtained in the period. The company raised its “BTC $ Gain” objective for USD $ 10,000 million to USD $ 15,000 million.

Saylor, who has turned his company into a corporate commitment to Bitcoin, summarized his focus on a recent publication on Network X: “Stay Humble. Stack Sats.”

The company’s strategy has generated both admiration and skepticism, especially in an environment where cryptoactive volatility continues to challenge companies that adopt them as a patrimonial reserve.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.

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