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via The Block · By The Block Editorial

Strategy posts $12.5 billion Q1 loss as execs tout STRC 'big success'

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The Block Editorial

(09:17 PM UTC)

1 min read

Reviewed byMichael Roberts

1028 views

0 comments

Strategy reported a $12.54 billion net loss in the first quarter, mostly driven by a massive $14.46 billion unrealized markdown on its bitcoin holdings. Despite this, executives pointed to momentum building behind its preferred STRC shares as a bright spot.

The premier bitcoin treasury company said Tuesday that strong demand for STRC, which has lately been the primary funding "engine" behind…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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