Strategy Reports $14.5 Billion Loss in Q1 as Saylor Continues to Accumulate Bitcoin
By Coingapestaff
Strategy reported a $14.5 billion unrealized loss in the first quarter due to a 23% drop in Bitcoin's price, marking its weakest quarterly start since 2018. Despite the decline, the company continued accumulating Bitcoin under Michael Saylor's leadership. Additionally, Strategy recorded a pending income tax benefit of about $2.4 billion.
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