Strategy released its first quarter financial report, with a $5.9 billion write-down of Bitcoin reserves

according to the official website, Strategy announced the financial performance for the first quarter of the 2025 fiscal year. In the first quarter, due to the decline in the price of Bitcoin, its Bitcoin reserves were written down by 5.9 billion US dollars. Strategy's BTC revenue was approximately 4.1 billion US dollars, achieving an 11.0% BTC return rate.

In addition, in the first quarter, Strategy successfully executed 21 billion US dollars of common stock ATM transactions, adding 301,335 Bitcoins to the balance sheet. At the same time, MSTR's stock price rose by 50% during the same period. In March 2025, the company issued and sold STRK stocks worth up to 21 billion US dollars. As of April 28, 2025, the remaining available funds under the STRK ATM are approximately 20.9 billion US dollars.