Strategy resumes Bitcoin purchase, adding $330M after 14.5B unrealized loss in Q1

Strategy added 4,871 Bitcoin for about $330 million in the first week of April, restarting acquisitions after a brief pause and bringing its total stash to approximately $767,000 BTC.

At a Bitcoin price of $69,430, the company’s holdings total approximately $53 billion, with unrealized losses near $5 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.