Strategy to sell some Bitcoin after posting $12.7 billion Q1 loss as Saylor points to $5 billion Bitcoin gain

By Topline Newsroom
1 min readSource: cryptoslate.com
Strategy to sell some Bitcoin after posting $12.7 billion Q1 loss as Saylor points to $5 billion Bitcoin gain
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The story

Strategy to sell some Bitcoin after posting $12.7 billion Q1 loss as Saylor points to $5 billion Bitcoin gain

Strategy reported a massive first-quarter loss after Bitcoin’s early-year drawdown overwhelmed its software revenue, even as Michael Saylor pointed to internal Bitcoin metrics showing continued gains in shareholder exposure. The company, formerly known as MicroStrategy, reported a net loss attributable to common stockholders of $12.77 billion, or $38.25 per diluted share, for the first quarter.

From the source

Explore why savvy investors borrow against crypto instead of selling, with insights on liquidity, capital preservation, and portfolio strategy.

Explore CryptoSlate’s Institutional Playbook, a 3-part guide series on exchange due diligence, crypto-as-a-service, and token listing strategy for institutional teams.

The company’s BTC Gain metric is colliding with Wall Street forecasts for a first-quarter loss tied to Bitcoin’s drawdown.

Who and what

Key names and topics in this story: Strategy, Bitcoin, Saylor.

Where to follow next

#crypto#strategy#bitcoin#saylor
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