Strategy (MSTR) Faces $5.9 Billion Bitcoin Impairment Amid New $21 Billion Stock Offering

According to COINOTAG, on May 2nd, Strategy (MSTR) disclosed a notable first-quarter 2025 loss, reporting **$16.49** per share. This decline can be attributed to a **substantial decrease** in Bitcoin prices over the initial three months of the year, which also led to a significant **$5.9 billion impairment** in its Bitcoin assets. In an effort to bolster its financial resilience, the company has initiated a new **$21 billion common stock offering** plan. Additionally, Strategy has recalibrated its yield targets, increasing its BTC yield goal from **15% to 25%** and adjusting its BTC dollar return target upwards from **$10 billion to $15 billion**. As of April, Strategy reported holding **553,555 BTC**, acquired at a total cost of **$37.9 billion**, averaging **$68,459 per BTC**. The firm emphasized, “Our capital market strategy is designed to expand our Bitcoin holdings while providing exceptional value to our shareholders.”