Strategy posts $12.54 billion Q1 loss on declining bitcoin price

The price of bitcoin fell from about $87,000 to $68,000 during the first three months of 2026.

What to know:

Strategy (MSTR) reported a $12.54 billion loss in the first quarter of 2026.

The loss came as the price of bitcoin fell from about $87,000 to $68,000 during the quarter.

Five weeks into the second quarter, bitcoin has rebounded to above $80,000 as Strategy has continued to accumulate BTC at a fast pace, possibly setting the company up for a big profit in the April-June period.

Strategy (MSTR) reported a net loss of $12.54 billion in the first quarter of 2026, as bitcoin fell from around $87,000 on Jan. 1 to roughly $68,000 by March 31.

Since the start of the second quarter, bitcoin has rebounded to above $80,000, while Strategy has continued to accumulate coins at a rapid pace, potentially setting the company up to post a sizable profit in the April-June period.

Led by Executive Chairman Michael Saylor, the company, the largest corporate holder of bitcoin, currently owns 818,334 BTC, acquired at an average price of $75,537.

Strategy ended the first quarter with $2.25 billion in cash, enough to cover approximately 18 months of preferred stock dividends.

MSTR shares are higher by nearly 20% year-to-date, though they remain lower by more than 50% on a year-over-year basis.

With first-quarter results largely expected and likely long ago priced in, investor focus will shift to the earnings call, where Saylor and his leadership team are likely to outline their strategy.

Source: Activistpost.com