Saylor's Strategy Posts Wider Quarterly Loss on Bitcoin Slump
The company held 818,334 bitcoins as of May 3, and the cryptocurrency’s 7% decline this year drove the loss, CEO Phong Le said.
- Virginia-Based Strategy reported a wider first-quarter loss on Tuesday, with bitcoin holdings underwater as cryptocurrency prices slumped amid market volatility.
- A sharp downturn in bitcoin prices since October, exacerbated by escalating Middle East tensions, has driven investor risk aversion toward safer assets amid concerns over Federal Reserve policy uncertainty.
- The Tysons Corner, Virginia-based Strategy held 818,334 bitcoins as of May 3, though the world's largest cryptocurrency lost about 1.4 per cent in extended trading following the earnings announcement.
- MSTR shares fell about 1.4 per cent in extended trading following the report, though the stock remains up about 23 per cent so far this year despite the quarterly setback.
- Adoption of bitcoin continues to grow as major banks including Morgan Stanley, Goldman Sachs and Citi announce ETFs and lending services, with clearer custody and licensing expectations reshaping institutional participation.
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16 Articles
MSTR Stock Price Flips 200 WMA Amid Bitcoin Tailwinds Despite Huge Loss
Key Insights The MSTR stock price has soared and crossed the 200-day Weighted Moving Average. The company reported a $12.5 billion net loss for the quarter. Bitcoin price continues to rise, which will benefit MicroStrategy. MSTR stock price extended its recovery in early May 2026 as Strategy benefited from the latest Bitcoin rally. Shares climbed toward $186 after rebounding sharply from February lows near $103. The recovery pushed the stock ab…
Strategy Reports $12.5B Q1 Loss As Bitcoin Volatility Hits Corporate Holdings Hard
A sharp drop in Bitcoin prices has erased billions from Strategy Inc.’s balance sheet, pushing the company to report a $12.54 billion net loss in the first quarter of 2026. The result ranks among the largest quarterly losses tied to cryptocurrency exposure by a publicly traded firm. The company’s financial hit came almost entirely from unrealized losses on its Bitcoin reserves. Its operating loss reached $14.47 billion, more than double the $5.9…
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BITRSSStrategy Posts $12.5B Q1 Loss as BTC Prices Weigh on Results
The world’s largest corporate Bitcoin (BTC) holder, Strategy, yesterday released its Q1 2026 financial results, which show a net loss of $12.54 billion. According to the report, this was mostly due to a $14.46 billion unrealized loss stemming from poor BTC prices during the first few months of 2026. Losses Mount, But Accumulation Continues Operating loss was $14.47 billion, compared with $ 5.92 billion in the prior year. Loss for the quarter att…
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