Strategy touts 14% YTD Bitcoin yield in Q1 earnings print, misses estimates

By: bitcoin ethereum news|2025/05/02 21:45:02
0
Share
copy
Update (May 1, 11:35 pm UTC): This article has been updated to add Strategy’s revenue, net loss and analyst estimates. Michael Saylor’s Bitcoin-buying firm Strategy, formerly MicroStrategy, has reported earning a year-to-date yield of 13.7% on its Bitcoin holdings as it missed Wall Street’s first-quarter estimates. The company said in its May 1 earnings statement that its year-to-date Bitcoin (BTC) yield equates to a gain of more than 61,000 BTC, worth approximately $5.8 billion. Bitcoin yield and gain are unofficial accounting metrics Strategy uses to benchmark the success of its BTC buys. Strategy’s chief financial officer, Andrew Kang, said it would increase its Bitcoin yield target for this year to 25% and its Bitcoin gain target to $15 billion. It comes as Strategy missed top and bottom line analyst estimates. The firm reported revenues of $111.1 million, down 3.6% from the year-ago quarter and missing analyst estimates by around 5%. Strategy also posted a net loss of $4.2 billion, around $16.49 per diluted share, against analyst estimates of an 11 cents per share loss and a rise from a $53.1 million in the first quarter of 2024. The company’s Q1 operating expenses jumped by nearly 2,000% year-on-year to $6 billion, largely due to a $5.9 billion unrealized loss on its Bitcoin holdings. The company announced it would offer an additional $21 billion worth of stock to finance future Bitcoin buys. Related: Bitcoin, showing ‘signs of resilience’, beats stocks, gold as equities fold — Binance Bitcoin buying spree Shares in Strategy (MSTR) closed May 1 trading up 0.39% to $381.60, falling slightly after hours to $378.50, according to Google Finance. MSTR is up over 31.5% so far this year, but is still trading below its November high of more than $470 per share. Since starting its Bitcoin buying spree in 2020, Strategy has accumulated a total of more than 550,000 BTC, costing the company nearly $38 billion, according to its earnings report. The purchases equate to an average price of approximately $68,500 per Bitcoin. As of May 1, Strategy’s treasury is worth more than $53 billion. Industry executives say institutional Bitcoin buying — including from corporate buyers such as Strategy — could eventually price retail investors out of the market. Strategy has the largest Bitcoin holdings of a public company. In total, public firms hold upward of $73 billion worth of Bitcoin in aggregate, while Bitcoin funds and other institutional funds hold another roughly $128 billion, according to data from BitcoinTreasuries.NET. Magazine: Pokémon on Sui rumors, Polymarket bets on Filipino Pope: Asia Express Source: https://cointelegraph.com/news/strategy-touts-13-7-ytd-bitcoin-yield-in-earnings-print?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

You may also like

Japan’s Three Megabanks Plan Joint Stablecoin Issuance in Fiscal 2026

MUFG, SMBC, and Mizuho reportedly plan to jointly issue fiat-pegged stablecoins in fiscal 2026, signaling Japan’s growing push into bank-led digital payment infrastructure.

Humanity Discloses H Token Dual-Chain Attack Details, With Losses on Ethereum and BSC Exceeding $36 Million

Humanity said the H token attack across Ethereum and BSC caused more than $36 million in losses after leaked ProxyAdmin keys enabled malicious contract upgrades and token minting.

White House Discusses CLARITY Act With Law Enforcement Ahead of Senate Vote

The White House discussed the CLARITY Act with law enforcement ahead of a Senate vote, focusing on illicit finance risks and developer protections.

$75 billion in foreign capital has fled, and South Korean retail investors have absorbed it all using leverage

Despite the accelerated migration of Korean funds from cryptocurrency to the stock market, the Korean market remains an important barometer for global cryptocurrency retail liquidity and recovery turning points.

Bitcoin Trading Guide 2026: Strategies for Experienced Traders

Learn spot and futures trading strategies, risk management tips, and a realistic BTC trade setup in this bitcoin trading guide. Read the full analysis on WEEX.
 

What Is XAUT and PAXG? Why Tokenized Gold Is Booming in 2026

Gold prices surged, corrected, and returned to the spotlight in 2026. Discover what's driving gold and silver markets, explore XAUT and PAXG, and see why tokenized gold is attracting traders worldwide.
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com