MicroStrategy didn't buy any Bitcoin last week (March 31st to April 6th), keeping its holdings at 528,185 BTC. They expect a roughly $6 billion loss on their Bitcoin holdings in Q1 due to the drop in price. Their average Bitcoin purchase price is now around $67,500, compared to the current price of around $77,000.
Because of the market panic, they likely aren't raising more money right now. They announced a projected net loss for Q1 mainly because of this $5.91 billion unrealized loss on Bitcoin (due to new accounting rules). A $1.69 billion tax benefit will partially offset this.
They raised $7.69 billion in Q1 (mostly to buy Bitcoin), but bought it at much higher prices than the current price.
Basically, they're only up about 14% on their Bitcoin investment.
MSTR stock is down 9% early Monday, down 10% year-to-date, but still up 77% year-over-year.
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