Strategy Inc reported a Q1 loss of $38.25 per share, driven by a $14.46 billion unrealized Bitcoin loss.
Revenue fell slightly to $124.3 million, missing estimates, while Bitcoin holdings rose 22% YTD to 818,334 BTC valued at $64.14 billion.
Chairman Michael Saylor said the firm may sell Bitcoin to fund dividends, citing price and conditions; CEO Phong Le noted tax benefits.
Shares dropped 3.1% in after‑hours trading; preferred stock raised $5.58 billion YTD and total capital raised reached $11.68 billion.