"Strategy Inc. purchased 4,871 BTC for approximately $329.9 million between April 1 and April 5, raising its total holdings to 766,970 BTC. The average cost basis for these acquisitions was $75,644 per coin, while the current market price is around $69,500, indicating significant unrealized losses."
"To finance its bitcoin purchases, Strategy raised approximately $227.3 million through sales of its variable-rate Series A perpetual Stretch preferred stock and an additional $102.6 million in early April. This financing strategy highlights the company's reliance on capital markets to support its bitcoin acquisition plans."
"For the first quarter ended March 31, 2026, Strategy reported a $14.46 billion unrealized loss on its digital asset holdings, which was partially offset by a $2.42 billion deferred tax benefit, reflecting the challenges faced by the firm in the current market environment."
Strategy Inc. purchased 4,871 BTC for approximately $329.9 million in early April, increasing its total holdings to 766,970 BTC. The average acquisition cost was $75,644 per coin, while recent market prices are around $69,500, resulting in unrealized losses. To fund these purchases, the company utilized its equity programs, raising $227.3 million from preferred stock and $72 million from common shares. Strategy reported a $14.46 billion unrealized loss for the first quarter, partially offset by a deferred tax benefit of $2.42 billion.
Read at Bitcoin Magazine
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