Strategy plans to raise 21 billion dollars to purchase BTC, suffering a loss of 4.2 billion dollars in Q1 due to the fall in coin prices.

According to a report by Jinse Finance, Strategy recognized a $5.9 billion impairment in the first quarter due to the fall in Bitcoin prices, reporting a loss of $4.2 billion, or $16.49 per share. The company announced a new $21 billion public market common stock issuance plan and has raised its BTC yield target from 15% to 25%, and the BTC dollar revenue target from $10 billion to $15 billion. As of April, the company held a total of 553,555 Bitcoins, with a purchase cost of $37.9 billion, averaging $68,459 per coin. The company stated: "Our capital market strategy continues to rise in Bitcoin holdings while delivering exceptional value for shareholders."