Saylor’s Strategy to Acquire More BTC

Michael Saylor’s firm, Strategy, is doubling its capital raising plan to $84 billion to aggressively purchase more Bitcoin, despite reporting a record $4.2 billion net loss in the first quarter of 2025.

This loss is due to a new accounting rule requiring companies to value their digital assets, like Bitcoin, at market prices. Strategy, which owns about 554,000 BTC valued at approximately $53 billion, implemented this rule in Q1 after its approval at the end of 2024.

On Thursday, the Virginia-based company announced it has filed to sell an additional $21 billion in common shares, following the exhaustion of a previous offering approved in October. Additionally, it increased its debt issuance target from $21 billion to $42 billion, with $14.6 billion remaining under current authorization.

These expanded initiatives are part of Strategy’s ongoing efforts to fund Bitcoin acquisitions through equity and debt offerings.