Disclosure: The author of this article owns shares of Strategy (MSTR).
Strategy (MSTR) Reports Net Loss of $12.54 Billion in Q1 2026 as Bitcoin By March 31, the price dropped to about $68,000 from about $87,000 on January 1.
Bitcoin has rebounded above $80,000 since the start of the second quarter, and Strategy continues to accumulate Bitcoin at a rapid pace, which could allow the company to post significant profits between April and June.
The company, led by executive chairman Michael Saylor, is the largest corporate holder of Bitcoin, currently holding 818,334 Bitcoins with an average price of $75,537.
Strategy ended the first quarter with $2.25 billion in cash, enough to cover about 18 months of preferred stock dividends.
MSTR shares are up nearly 20% year to date, but are still down more than 50% year over year.
With first-quarter results largely expected and likely already priced in, investor focus will turn to the 5 p.m. ET earnings call, where Thaler and his leadership team are likely to outline their strategy.
