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    Strategy Releases Q1 Financial Results: Michael Saylor Remains a Bitcoin Maximalist and Raises 2025 Targets

    • Strategy missed Wall Street expectations by a huge margin during the first quarter.
    • Saylor expects the BTC price to record a compounded annual growth rate of about 30 percent in the next two decades.
    • Bitcoin price rebounded above $96k for the first time since mid-February.

    Strategy, formerly MicroStrategy, the leading corporate holder of Bitcoin (BTC), released its first quarter 2025 financial results on Thursday, May 1. For the three-month period that ended on March 31, Strategy added 61,497 Bitcoins, thus currency holding about 553,555 Bitcoins.

    As a result, Strategy achieved a BTC Yield of 13.7 percent in the first quarter of 2025. 

    The company continued to capitalize on the equity markets to purchase more Bitcoins during the first quarter.

    โ€œWe successfully executed our record $21 billion common stock ATM, adding 301,335 BTC to our balance sheet while simultaneously achieving a 50% increase in MSTR share price during the same period. In Q1, we also broadened our capital base with two of the most successful preferred stock IPOs in a decade,โ€ Phong Le, President and Chief Executive Officer at Strategy noted.

    Market Outlook for Strategy 

    During the first quarter of 2025, Strategy recorded revenue of about $111.1 million, a decline of 3.6 percent year over year. The company reported a gross profit of $77.1 million in Q1 2025, compared to $85.2 million at the same time last year.

    Analysts polled by FactSet anticipated Strategy to report a GAAP loss of 11 cents per share on sales of $117 million. Meanwhile, Strategy anticipates raising $84 billion in the coming quarters to purchase more Bitcoins. 

    Impact on Bitcoin 

    The companyโ€™s long-term confidence in Bitcoin has helped attract more institutional investors in the industry. As a result, Bitcoin price has gained bullish sentiment akin to Gold. In the past two weeks, Bitcoin price gained over 13 percent to trade at about $96.6k at the time of this writing.

    If BTC price manages to consistently close above $96k in the coming weeks, a rally beyond $109k will be inevitable.

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