Strategy posts $12.54 billion Q1 loss on declining bitcoin price
Key takeaways
- The price of bitcoin fell from about $87,000 to $68,000 during the first three months of 2026.By James Van Straten|Edited by Stephen Alpher Updated May 5, 2026, 8:22 p.m.
- 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.
The price of bitcoin fell from about $87,000 to $68,000 during the first three months of 2026.By James Van Straten|Edited by Stephen Alpher Updated May 5, 2026, 8:22 p.m. Published May 5, 2026, 8:06 p.m. 1 min read Make preferred on 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 BTC$81,562.09 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.