Strategy Reports Q1 Results: Over $12 Billion In Red Ink—Here Are The Key Figures
Strategy, the world’s largest publicly traded Bitcoin (BTC) holder, launched its first-quarter (Q1) monetary outcomes on Tuesday, and the headline quantity was stark: greater than $12 billion in losses.
Strategy Q1 Financial Snapshot
In its report, the corporate mentioned its working loss for Q1 2026 totaled $14.47 billion, in contrast with $5.92 billion in Q1 2025. Strategy additionally broke out the principle driver of that working loss, stating that Q1 2026 working loss included an unrealized loss on the corporate’s digital belongings of $14.46 billion.
Strategy’s internet loss for the primary quarter of 2026 got here in at $12.54 billion, or $38.25 per frequent share on a diluted foundation. That in contrast with a internet lack of $4.22 billion, or $16.49 per frequent share on a diluted foundation, within the prior-year quarter.
The firm additionally offered an replace on liquidity. As of March 31, 2026, Strategy reported money and money equivalents of $2.21 billion, in contrast with $2.30 billion as of December 31, 2025.
On the income facet, Strategy recorded whole revenues of $124.3 million in Q1 2026, up from $111.1 million in Q1 2025—a rise of 11.9% yr over yr.
Bitcoin Numbers Disclosed
Strategy additionally included a Bitcoin efficiency snapshot. Through 2026 year-to-date, the corporate reported a BTC yield of 9.4%. It additionally reported a BTC greenback achieve of $4.97 billion for 2026 year-to-date.
As of May 3, 2026, Strategy mentioned its digital belongings have been comprised of roughly 818,334 Bitcoin. The firm reported an authentic value foundation and market worth of $61.81 billion and $64.14 billion, respectively.
For Strategy, that interprets to a mean value per Bitcoin of roughly $75,537 and a mean market value per Bitcoin of roughly $78,374 as of May 1, 2026.
On Tuesday, Strategy’s inventory, which trades underneath the ticker title MSTR, closed the buying and selling session at $186, marking a 3% improve for the day, as Bitcoin surpassed the $81,000 mark.
Featured picture created with OpenArt, chart from TradingView.com