Strategy resumed buying Bitcoin last week, acquiring 4,871 BTC for about $330 million, bringing total holdings to around 767,000 BTC valued at $53 billion.
The purchases were funded through proceeds from the company’s ongoing at-the-market share program, which raised approximately $175 million in the first five days of April from sales of STRC and MSTR stock.
For the first quarter, Strategy recorded an unrealized loss on digital assets of $14.5 billion with a $2.4 billion deferred tax benefit, while digital assets are carried at approximately $52 billion with a $1.7 billion deferred tax asset fully reserved.
This is a developing story. Please check back for further updates.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
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