Strategy Plans to Raise Another $21 Billion to Purchase Bitcoin

Blockbeats
Yesterday

BlockBeats News, May 2nd, according to Coindesk, Strategy (MSTR) reported a first-quarter 2025 loss per share of $16.49 due to a significant drop in Bitcoin's price in the first three months of this year, resulting in a $5.9 billion impairment of its Bitcoin holdings. The company announced a new $21 billion common stock offering plan and has raised its BTC yield target from 15% to 25% and BTC dollar return target from $10 billion to $15 billion. As of April, the company held a total of 553,555 BTC, with a purchase cost of $37.9 billion and an average cost per BTC of $68,459. Strategy stated: "Our capital market strategy continues to grow our Bitcoin holdings while delivering outstanding value to shareholders."

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