MicroStrategy Strategy added over 80,000 Bitcoins in the first quarter, with an unrealized loss of nearly 6 billion USD.

Strategy (, originally named MicroStrategy ), incurred an unrealized loss of approximately $5.91 billion in Bitcoin after spending about $7.66 billion to purchase 80,715 Bitcoins in the first quarter of 2025.

Strategy raised 7.6 billion in the first season to purchase 80,715 Bitcoins

In the first quarter of 2025, Strategy Company used the following funds to purchase Bitcoin:

MSTR stock issuance (4.4 billion dollars)

2030B Convertible Bond Issuance (1.99 billion USD)

STRK Preferred Stock (594 million USD)

STRF Preferred Stock (USD 711 million)

In the first quarter, Strategy purchased a total of 80,715 Bitcoins, spending 7.66 billion dollars, with an average cost of 94,922 dollars.

As of April 6, 2025, the company holds 528,185 Bitcoins, with a total purchase price of approximately 35.63 billion USD and an average purchase price of 67,458 USD.

( MicroStrategy Strategy New Bitcoin Blueprint, STRF How to Expand the Bond Market to Allow Retail Investors to Easily Invest )

Activate Bitcoin market price assessment, with a loss of 5.91 billion in the first quarter.

The Strategy Company adopted the Accounting Standards Update ASU 2023-08 on January 1, 2025, which adjusted the accounting treatment for crypto assets. According to the new standards: the fair value changes of Bitcoin will be immediately reflected in the consolidated income statement, instead of using the previous cost impairment model.

Impact:

If the market value of Bitcoin is higher than the average cost basis, the company needs to establish deferred income tax liabilities.

If the market value of Bitcoin falls below the average cost basis, the corresponding value change will affect the current financial statements.

In the first quarter of 2025, the unrealized loss ( calculated at the end of the quarter based on the Bitcoin price of $82,444 ): the digital asset loss is $5.91 billion, but part of it will be offset by $1.69 billion in income tax gains.

Bitcoin market price evaluation causes financial report fluctuations, testing investors' nerves.

Strategy previously issued a profit warning in its annual report, and the company recognized $1.79 billion in digital asset impairment in 2024. In the future, due to the new accounting system of ASU 2023-08, bitcoin earnings can be recognized by market assessment, but it may also be subject to large taxes.

( MicroStrategy ( Strategy ) Annual Report Warning, in 2024 due to large impairment recognition of Bitcoin, in 2025 may face large tax payments due to new regulations )

The price of Bitcoin is highly volatile. After adopting new accounting rules, if the price rises, companies may face significant tax burdens. Conversely, when the price falls, unrealized losses can greatly reduce a company's financial report figures, which may further test investors' nerves.

In this article, MicroStrategy added over 80,000 Bitcoins in the first quarter, with an unrealized loss of nearly $6 billion. It first appeared on Chain News ABMedia.