Strategy plans to raise another US$21 billion to buy BTC, and Q1 lost US$4.2 billion due to falling currency prices."
Internet reports that Strategy made an impairment of US$5.9 billion in the first quarter due to the decline in Bitcoin prices, and reported a loss of US$4.2 billion, or a loss per share of US$16.49. The company announced a new $21 billion open market common stock offering plan and has raised its BTC yield target from 15% to 25% and its BTC dollar yield target from $10 billion to $15 billion. As of April, the company held a total of 553,555 bitcoins at a purchase cost of US$37.9 billion, with an average cost of US$68,459 per bitcoin. The company said: "Our capital markets strategy continues to grow Bitcoin holdings while delivering superior value to shareholders."
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