hodler

5 May 2026, 21:40

Strategy reported a $12.54 billion Q1 net loss, or $38.25 per diluted share

Strategy (MSTR) closed the first quarter of 2026 with a $12.54 billion net loss, while revenue rose to $124.3 million. The loss came in at $38.25 per diluted share, a much worse result than Wall Street had penciled in. Four analysts tracked by Yahoo Finance expected an average GAAP loss of $18.98 per share. The most bearish estimate was $36.89 per share, and Strategy still came in below that. The quarter was ugly because Bitcoin had a terrible start to the year. BTC fell more than 23% between January and March, making it the worst first quarter for Bitcoin since 2018. The selloff came as tech stocks dropped, Bitcoin ETF outflows grew, Trump’s 15% global tariff hit markets, the U.S.–Iran military escalation raised fear, and the Federal Reserve kept rates at 3.5% to 3.75%. Bitcoin losses drag Strategy deeper into the red as revenue still grows Strategy reported an operating loss of $14.47 billion for Q1 2026, compared with $5.92 billion in the same quarter last year. The company’s Bitcoin accounting took the hit. It recorded a $14.46 billion unrealized loss on its digital assets, versus $5.91 billion in unrealized losses in Q1 2025. The net loss also got much worse. Strategy lost $12.54 billion in the quarter, compared with $4.22 billion a year earlier. The loss tied to common stockholders was $12.77 billion, up from $4.23 billion in Q1 2025. Revenue went the other way. Strategy brought in $124.3 million, up 11.9% from $111.1 million last year. Gross profit was $83.4 million, compared with $77.1 million in the prior-year quarter. Its gross margin came in at 67.1%, down from 69.4%. Cash also slipped a little. Strategy had $2.21 billion in cash and cash equivalents on March 31, 2026, down from $2.30 billion on December 31, 2025. The Bitcoin bag was still huge. As of May 3, 2026, Strategy held 818,334 BTC. The company paid about $61.81 billion for that stash, or around $75,537 per coin. By May 1, those coins were worth about $64.14 billion, based on a price of $78,374 per Bitcoin. That left Strategy with about $2.3 billion in paper gain on its Bitcoin cost basis, even after the quarter punched it in the face. Strategy also kept buying during the quarter. It added about 89,600 BTC for $5.5 billion, making it the second-biggest quarterly Bitcoin purchase in its history. Then the buying stopped for more than a week before earnings. The last reported buy came on April 27, when Strategy bought 3,273 BTC at $77,906 per coin. Strategy uses STRC and ATM sales to keep funding its Bitcoin plan CEO Phong Le told investors: “Adoption of Bitcoin continues to grow in 2026. Digital Credit, highlighted by STRC, has been a big success. STRC has shown strong demand, high liquidity, and low volatility. We raised $5.6 billion year-to-date of STRC gross proceeds, increased daily trading volume to $375 million, while bringing volatility down to 3%, all done during a bitcoin bear market.” According to Phong, Strategy continues to see traditional finance and major banks, including Morgan Stanley, Goldman Sachs, and Citi, announcing bitcoin ETFs, trading, custody, and lending services. Phong named Morgan Stanley (MS), Goldman Sachs (GS), and Citigroup (C) while talking about banks building around Bitcoin products and services. Strategy CFO Andrew Kang said, “Strategy is the dominant issuer of Digital Credit in the world, with over $13.5 billion of preferred equity outstanding, supported by a fortress Bitcoin balance sheet. Strong demand for our Digital Credit instrument, STRC, has driven a BTC Yield of 9.4% and BTC $ Gain of approximately $5 billion through the first four months of the year.” Meanwhile, Strategy founder and Executive Chairman Michael Saylor said : “STRC has scaled to $8.5 billion in just 9 months and is now the largest preferred stock by market cap in the world. By extracting bitcoin’s performance and engineering price stability, we have produced a credit instrument with a 2.53 Sharpe ratio.” Strategy said its BTC Yield was 9.4% for the 2026 year-to-date. Its BTC Gain was 63,410 BTC, while BTC dollar gain was $4.97 billion. The company also raised about $7.37 billion in gross proceeds through its ATM offering program during the first quarter, then raised another $4.32 billion from April 1 to May 3. There’s a middle ground between leaving money in the bank and rolling the dice in crypto. Start with this free video on decentralized finance .

5 May 2026, 21:17

Strategy posts $12.5 billion Q1 loss as execs tout STRC 'big success'

The premier bitcoin treasury company said strong demand for STRC helped it raise $5.58 billion out of a total $11.68 billion so far this year.

5 May 2026, 20:42

Strategy Posts $12.5 Billion Q1 Loss as Bitcoin Slump Hammers Massive Holdings

Michael Saylor’s Strategy continues to bet big on Bitcoin even as falling prices deliver a punishing quarter for the treasury giant.

5 May 2026, 20:07

Volvo listed in Ripple Treasury as digital finance grows

🚗 Volvo is now listed in Ripple Treasury’s top clients. This signals rising confidence of major firms in $XRP-based solutions. 🏦 Key point: Global giants increasingly turn to unified digital treasury tools. Continue Reading: Volvo listed in Ripple Treasury as digital finance grows The post Volvo listed in Ripple Treasury as digital finance grows appeared first on COINTURK NEWS .

5 May 2026, 20:00

Public companies bought 50,351 BTC in Q1 – Can it fuel Bitcoin’s H2 cycle?

Does persistent treasury demand strengthen Bitcoin’s macro hedge thesis?

5 May 2026, 18:36

Bitcoin Holds Above $80K As Middle East Tensions Weigh

Summary Bitcoin (BTC-USD) has risen back above the psychological level of $80K, posting a three-month high and an increase of about +17% over the last month. The main driver behind this move has been a noticeable inflow of institutional capital: in April 2026, US-listed Bitcoin ETFs recorded record net inflows of roughly $1.97-2.4 billion, coinciding with the strongest monthly price gain since April 2025. Technically, the market is in a decision zone: an uptrend channel with support around $73-75K and a daily rally that started from the February low near $62-64K confirms a bullish structure, but momentum remains weak. By Anton Kharitonov ​Bitcoin ( BTC-USD ) has risen back above the psychological level of $80K, posting a three-month high and an increase of about +17% over the last month. The main driver behind this move has been a noticeable inflow of institutional capital: in April 2026, US-listed Bitcoin ETFs recorded record net inflows of roughly $1.97-2.4 billion, coinciding with the strongest monthly price gain since April 2025. This confirms a shift in focus from retail traders to large-cap funds, for which BTC is increasingly seen not as a speculative instrument but as a long-term macro hedge against inflation and currency depreciation. Technically, the market is in a decision zone: an uptrend channel with support around $73-75K and a daily rally that started from the February low near $62-64K confirms a bullish structure, but momentum remains weak. BTC has not yet cleared key moving averages and is forming lower highs, which speaks to an incomplete bull trend. A large part of the current rally has been fed by technical factors: the breakout above $80K triggered a wave of short liquidations, accelerating the upside move but not necessarily reflecting a fundamental regime change. On-chain data reinforce the picture of redistribution: large wallets are accumulating, while older “sleeping” addresses are starting to move again, which is classically typical of a profit-taking and redistribution phase among market participants. Macro factors are acting as a counterweight: rising oil prices, geopolitical tensions in the Middle East, and elevated inflation are putting pressure on risk assets, while the persistence of high interest rates increases the alternative cost of holding a non-yielding BTC position. Some macro analysts note that Bitcoin still behaves more like a “growing” risk asset rather than a reliable short-term inflation hedge, where gold has taken the lead - rising by about +80% in 2026, compared with a roughly 20% drawdown in BTC from its peak. Nevertheless, the long-term narrative is shifting: institutions continue to build up ETF positions, and miners under pressure from expensive energy are either scaling back hash rate or pivoting into AI-related infrastructure, which could gradually reduce supply and strengthen a scarcity effect. In this context, current BTC is less of a “ready-made bull market” and more an asset on the edge of a trend: if $80K holds and institutional inflows continue, traders may look toward the $85-90K range; in case of a false breakout and a pullback below $78K, the market could quickly return to the $72-75K band for consolidation. The key insight is that BTC’s price now reads as a composite of macro direction, inflation/interest rate policy, ETF liquidity, and market sentiment - almost like a single lever where any major headline on tariffs, oil, regulation, or geopolitics can instantly flip the market mode between “rally” and “bear trap.” In yesterday’s article, " Bitcoin tests $80K again as downside risks persist ," we flagged the risk of profit-taking on the current rally, and despite the move above that level, we still consider a renewed activation of bears to be possible. This material may contain third-party opinions; none of the data and information on this webpage constitutes investment advice according to our Disclaimer . While we adhere to strict Editorial Integrity , this post may contain references to products from our partners. Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.