Strategy resumes Bitcoin purchase, adding $330M after 14.5B unrealized loss in Q1
Crypto Briefing
Strategy bought $330M in Bitcoin, increasing holdings despite a $14.5B Q1 unrealized loss.Summary
Strategy has resumed its Bitcoin purchases, acquiring 4,871 BTC for approximately $330 million last week. This move increases their total Bitcoin holdings to about 767,000 BTC, currently valued at $53 billion. The acquisitions were financed by proceeds from the company's at-the-market share program, which generated around $175 million in early April through STRC and MSTR stock sales. Despite this renewed buying activity, Strategy reported an unrealized digital asset loss of $14.5 billion in the first quarter, offset by a $2.4 billion deferred tax benefit. Their digital assets are currently valued at approximately $52 billion, with a fully reserved $1.7 billion deferred tax asset.
(Source：Crypto Briefing)