{"id":72098,"date":"2026-05-05T22:11:50","date_gmt":"2026-05-05T22:11:50","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/strategy-posts-12-54b-loss-as-bitcoin-holdings-reach-818334-btc\/"},"modified":"2026-05-05T22:11:50","modified_gmt":"2026-05-05T22:11:50","slug":"strategy-posts-12-54b-loss-as-bitcoin-holdings-reach-818334-btc","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/strategy-posts-12-54b-loss-as-bitcoin-holdings-reach-818334-btc\/","title":{"rendered":"Strategy Posts $12.54B Loss as Bitcoin Holdings Reach 818,334 BTC"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li>Strategy posted a $12.54 billion net loss in Q1 2026 driven by $14.46 billion unrealized <span>bitcoin<\/span> losses.<\/li>\n<li>Revenue increased 11.9% year over year to $124.3 million in the quarter, but earnings were dominated by digital asset <span>volatility<\/span>.<\/li>\n<li>Financing through STRC and equity sales continues fueling <span>bitcoin<\/span> expansion despite rising balance sheet risk.<\/li>\n<\/ul>\n<h2>Strategy\u2019s Loss Shows the <span>Volatility<\/span> Behind a <span>Bitcoin<\/span> Treasury Model<\/h2>\n<p>Strategy Inc. (Nasdaq: MSTR) announced on May 5 its first-quarter 2026 financial results, giving investors a clear look at the trade-off behind its <span>bitcoin<\/span> treasury strategy. The company increased its <span>BTC<\/span> position and raised $11.68 billion year to date, but reported a $12.54 billion net loss after digital asset valuation losses hit quarterly earnings.<\/p>\n<p>For investors tracking Strategy as a <span>bitcoin<\/span> proxy, the quarter reflected balance sheet <span>volatility<\/span>, not primarily operating weakness. Revenue rose 11.9% to $124.3 million, but results were dominated by a $14.46 billion unrealized loss on digital assets, pushing operating loss to $14.47 billion. STRC, Strategy\u2019s perpetual preferred stock, traded at $99.96 with an 11.50% yield and $8.54 billion in notional value. It averaged $381.1 million in daily trading, with 3.1% <span>volatility<\/span> and a 4.2x <span>BTC<\/span> rating. CEO Phong Le said:<\/p>\n<blockquote>\n<p>\u201cAdoption of <span>bitcoin<\/span> continues to grow in 2026. Digital Credit, highlighted by STRC, has been a big success.\u201d<\/p>\n<\/blockquote>\n<p>The financing side of the strategy remained active. STRC raised $5.58 billion year to date, while cumulative dividends declared and paid across preferred stock reached $692.5 million. Strategy said STRC demand remained strong, with continued <span>liquidity<\/span> and lower <span>volatility<\/span>.<\/p>\n<h2>STRC Financing Remains Central to Strategy Growth<\/h2>\n<p>Strategy funded its <span>bitcoin<\/span> expansion through capital markets, raising $7.37 billion through at-the-market offerings in the first quarter and another $4.32 billion from April 1 through May 3. Proceeds from class A common stock, STRC stock, and STRK stock sales supported additional <span>bitcoin<\/span> purchases.<\/p>\n<p>As of May 3, Strategy\u2019s <span>bitcoin<\/span> had an original cost basis of $61.81 billion and a market value of $64.14 billion. The company reported a 9.4% <span>BTC<\/span> yield, 63,410 <span>BTC<\/span> gain, and $4.97 billion in <span>BTC<\/span> $ gain year to date, while cautioning that these KPIs are not traditional performance, valuation, <span>liquidity<\/span>, or yield measures. This structure has scaled quickly, reaching $8.5 billion within nine months. About $150 million of STRC is held in corporate treasuries, with more than $270 million across <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-defi-decentralized-finance\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">DeFi<\/a> protocols. Executive Chairman Michael Saylor said:<\/p>\n<blockquote>\n<p>\u201cBy extracting <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a>\u2019s performance and engineering price stability, we have produced a credit instrument with a 2.53 Sharpe ratio.\u201d<\/p>\n<\/blockquote>\n<p>Strategy also proposed moving STRC dividend payments to a semi-monthly schedule. The model is clear: expanding <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> exposure alongside rising earnings <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-volatility\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volatility<\/a>.<\/p>\n<div class=\"not-prose my-3 lg:my-4\">\n<div class=\"flex flex-col overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] md:hidden\">\n<div class=\"relative aspect-video w-full overflow-hidden rounded-[15px]\"><\/p>\n<h3 class=\"absolute inset-x-0 bottom-0 m-0 p-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-white\">Strategy Skips Weekly Bitcoin Buy After 108 Total Purchases, 818,334 BTC Holdings<\/h3>\n<\/div>\n<div class=\"flex flex-col gap-2.5 px-1 pt-2.5 pb-1\">\n<p class=\"m-0 line-clamp-2 text-xs leading-[1.3] !text-[#67656E]\">Strategy paused bitcoin purchases, shifting market focus to its 818,334 BTC exposure. Michael Saylor confirmed the halt after the company\u2019s\u2026<\/p>\n<p><a class=\"flex h-[38px] w-full items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white no-underline\" href=\"https:\/\/news.bitcoin.com\/strategy-skips-weekly-bitcoin-buy-after-108-total-purchases-818334-btc-holdings\/\">Read Now<\/a><\/div>\n<\/div>\n<div class=\"hidden overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] md:flex md:flex-row md:gap-3 lg:hidden\">\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Strategy Skips Weekly Bitcoin Buy After 108 Total Purchases, 818,334 BTC Holdings\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img src=\"https:\/\/news.bitcoin.com\/images\/uploads\/bitcoin_news_newlogo.svg\" alt=\"Bitcoin.com News\" class=\"size-7\" loading=\"lazy\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-between gap-2\">\n<h3 class=\"m-0 line-clamp-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-[#1C1C1C]\">Strategy Skips Weekly Bitcoin Buy After 108 Total Purchases, 818,334 BTC Holdings<\/h3>\n<p class=\"m-0 line-clamp-2 text-sm leading-[1.3] !text-[#67656E]\">Strategy paused bitcoin purchases, shifting market focus to its 818,334 BTC exposure. Michael Saylor confirmed the halt after the company\u2019s\u2026<\/p>\n<p><a class=\"flex h-[38px] w-full items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white no-underline\" href=\"https:\/\/news.bitcoin.com\/strategy-skips-weekly-bitcoin-buy-after-108-total-purchases-818334-btc-holdings\/\">Read Now<\/a><\/div>\n<\/div>\n<div class=\"hidden overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] lg:flex lg:flex-row lg:gap-4\">\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Strategy Skips Weekly Bitcoin Buy After 108 Total Purchases, 818,334 BTC Holdings\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fstrategy-pauses-bitcoin-buy-150x150.jpg&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img src=\"https:\/\/news.bitcoin.com\/images\/uploads\/bitcoin_news_newlogo.svg\" alt=\"Bitcoin.com News\" class=\"size-7\" loading=\"lazy\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<div class=\"flex items-start gap-3\">\n<h3 class=\"m-0 min-w-0 flex-1 line-clamp-2 text-2xl font-bold capitalize leading-[1.17] tracking-[-0.48px] !text-[#1C1C1C]\">Strategy Skips Weekly Bitcoin Buy After 108 Total Purchases, 818,334 BTC Holdings<\/h3>\n<p><a class=\"flex h-12 w-[180px] shrink-0 items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white no-underline\" href=\"https:\/\/news.bitcoin.com\/strategy-skips-weekly-bitcoin-buy-after-108-total-purchases-818334-btc-holdings\/\">Read Now<\/a><\/div>\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">Strategy paused bitcoin purchases, shifting market focus to its 818,334 BTC exposure. Michael Saylor confirmed the halt after the company\u2019s\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/strategy-posts-12-54b-loss-as-bitcoin-holdings-reach-818334-btc\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: Strategy posted a $12.54 billion net loss in Q1 2026 driven by $14.46 billion unrealized bitcoin losses. Revenue increased 11.9% year over year to $124.3 million in the quarter, but earnings were dominated by digital asset volatility. Financing through STRC and equity sales continues fueling bitcoin [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":72099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72098"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72098"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72098\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72099"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}