Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
Bitcoin Price Falls; Strategy (MSTR.US) Posts USD14.5B Unrealized Loss in 1Q26
Recommend 1 Positive 1 Negative 3 |
||||
|
||||
|
Major Bitcoin holder Strategy (MSTR.US) announced that it recorded an unrealized loss of approximately USD14.5 billion in 1Q26, primarily due to the decline in Bitcoin prices. During the period, Bitcoin fell by more than 20%, marking its largest first-quarter decline since 2018. The company held cryptocurrencies valued at more than USD50 billion at the end of the quarter. Following the adoption of a new fair-value accounting standard last year, fluctuations in Bitcoin prices must be reflected in earnings, resulting in significant volatility in its results. Strategy also disclosed that between April 1 and April 5, it spent approximately USD330 million to acquire an additional 4,871 Bitcoins at an average purchase price of about USD68,000, funded through the issuance of Class A common stock and preferred shares. (me/t) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
||||
Copied to Clipboard
 |
||||
