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Cryptocurrency News Articles
Strategy (formerly MicroStrategy) Adds 61,497 Bitcoins in Q1 2025
May 02, 2025 at 06:27 am
As a result, Strategy achieved a BTC Yield of 13.7 percent in the first quarter of 2025.
Strategy, formerly known as MicroStrategy, unveiled its first quarter 2025 financial results on Thursday, May 1. The company, a leading corporate Bitcoin (BTC) holder, reported adding 61,497 Bitcoins to its balance sheet in the three-month period that ended on March 31.
As of March 31, Strategy’s digital assets holdings amounted to approximately 553,555 Bitcoins.
The company's BTC Yield for the first quarter of 2025 came in at 13.7 percent.
"We successfully executed our record $21 billion common stock ATM, adding 301,335 BTC to our balance sheet while simultaneously achieving a 50% increase in MSTR share price during the same period. In Q1, we also broadened our capital base with two of the most successful preferred stock IPOs in a decade," said Phong Le, President and Chief Executive Officer at Strategy.
During the first quarter of 2025, Strategy generated revenue of about $111.1 million, which represents a 3.6 percent decrease from the prior year. The company reported a gross profit of $77.1 million in Q1 2025, compared to $85.2 million at the same time last year.
According to analysts polled by FactSet, the average estimate was for Strategy to report a GAAP loss of 11 cents per share on sales of $117 million.
Moreover, Strategy anticipates increasing its capital base further and aims to raise an additional $84 billion in the coming quarters. The funds will be allocated towards expanding the company's Bitcoin holdings.
The company's persistent belief in Bitcoin over the years has enticed more institutional investors into the cryptocurrency industry. Consequently, Bitcoin has experienced a surge in bullish sentiment, similar to what is typically observed for Gold.
In the past two weeks, the price of Bitcoin has risen by 13 percent to reach approximately $96.6k at the time of writing.
If the BTC price manages to close consistently above the $96k level in the upcoming weeks, a rally to levels above $109k seems nearly guaranteed.
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