From Yahoo Finance: 2025-05-01 18:14:00

Strategy, the largest corporate holder of bitcoin, reported its fifth consecutive quarterly loss due to an unrealized loss on its cryptocurrency holdings. The company’s quarterly loss was $5.91 billion, attributed to a quarter-end bitcoin price of $82,445. Strategy recently moved to a new accounting rule to value its crypto holdings more accurately.

Following Donald Trump’s November 2024 election victory, bitcoin surged to record highs, boosting Strategy’s shares to an all-time high and securing its spot in the Nasdaq 100 index. However, a wave of tariffs announced by Trump unsettled global markets, potentially leading investors to pull away from the crypto markets.

GameStop announced in March 2025 that it would add bitcoin as a treasury reserve asset, aligning with Strategy’s approach. This move reflects a trend of companies exploring alternative assets like bitcoin to strengthen their financial positions amidst challenges in traditional revenue streams. Strategy’s shares are up 32% this year, outperforming the Nasdaq 100 index.

Read more: Saylor’s Strategy reports fifth consecutive quarterly loss, announces $21 billion equity offering