Strategy Posts $12.5 Billion Q1 Loss as Bitcoin Slump Hammers Massive Holdings

In brief

• Strategy reported a $12.54 billion net loss for Q1 2026, almost entirely driven by a $14.46 billion unrealized loss on its Bitcoin holdings.
• The company holds 818,334 BTC worth about $66.8 billion, and has raised $11.68 billion in 2025 to fund further acquisitions.
• MSTR stock has surged…