NasdaqGS:MSTRSoftware
Strategy Inc. Bitcoin Loss Deepens While Balance Sheet Bet Expands
Strategy Inc. (NasdaqGS:MSTR) reported a historic quarterly loss, driven primarily by unrealized losses on its large Bitcoin holdings after a sharp cryptocurrency selloff.
Despite the loss, the company added more Bitcoin to its treasury and raised fresh capital to support its Bitcoin focused balance sheet.
Management also expanded the company’s Digital Credit instrument and addressed investor questions on liquidity, risk controls, and long term balance sheet flexibility.
Strategy Inc...