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Strategy (NASDAQ: MSTR ), formerly known as MicroStrategy, has reported unrealized losses on its cryptocurrency haul for the first three months of 2025, coinciding with the company’s continued spree of accumulating Bitcoin. In a Monday, April 7 filing with the Securities and Exchange Commission (SEC), the firm disclosed $5.91 billion in unrealized digital asset losses, primarily tied to its massive Bitcoin treasury. The Michael Saylor-led firm stated that the losses are partially offset by $1.69 billion in income-tax benefits. “Our unrealized loss on digital assets for the quarter ended March 31, 2025, was $5.91 billion, which we expect will result in a net loss for the quarter ended March 31, 2025, partially offset by a related income tax benefit of $1.69 billion,” the company stated. Bitcoin’s challenging period The announcement comes during a challenging stretch for Bitcoin ( BTC ), which has dropped below the $80,000 support level. BTC was trading at $79,295 at press time, down over 4% in the past 24 hours. BTC seven-day price chart. Source: Finbold As of March 31, 2025, Strategy held 528,185 Bitcoins, acquired at an average price of $67,458 per coin, amounting to $35.63 billion in total purchase costs. Based on Bitcoin’s market price at the time of reporting, the company’s BTC holdings were valued at approximately $41.87 billion. An excerpt from Strategy’s Form 8-K report. Source: SEC Despite the unrealized losses, Strategy pressed on with its Bitcoin buying spree in Q1, acquiring 22,048 Bitcoins between March 24 and March 30 for $1.92 billion at an average price of $86,969 per coin. However, no additional purchases were made during the week of March 31 to April 6. The company raised $7.69 billion to finance its crypto acquisitions through various share offerings during the quarter. Still, Strategy warned that its enterprise analytics software business has not generated positive cash flow recently and may struggle to meet financial obligations, including $8.22 billion in outstanding debt and $146.2 million in annual dividends on preferred stock. Additionally, Strategy faces tax liabilities of approximately $2.28 billion related to unrealized gains on its Bitcoin holdings, though deferred tax assets like net operating losses partially offset these. A continued decline in Bitcoin’s value could force the company to increase valuation allowances, further impacting its financial stability. MSTR stock price analysis Unsurprisingly, the unrealized losses have weighed on MSTR stock. As of press time, shares were trading at $279, down nearly 5% on the day. Year-to-date, Strategy stock has dropped about 7%. MSTR YTD stock price chart. Source: Finbold It’s worth noting that the stock has also been impacted by the broader market sell-off amid uncertainty surrounding President Donald Trump’s sweeping tariffs. Featured image via Shutterstock The post Here’s how much Michael Saylor’s Strategy lost on crypto in Q1 2025 appeared first on Finbold .
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Cryptocurrency news crypto cryptocurrency Michael Saylor MicroStrategy
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ARK Invest’s Mixed Response: Selling $12 Million in Bitcoin ETF While Acquiring $26.6 Million in Coinbase Stock Amid Tariffs
ARK Invest’s recent trading activities underscore the firm’s strategic approach amidst market volatility driven by recent trade tariffs. Despite offloading Bitcoin ETF shares, ARK’s investment in Coinbase illustrates a calculated Finbold
SEC Readies for First Crypto Regulation Roundtable
The SEC’s Crypto Task Force will host a roundtable titled “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading” on April 11 at the regulator’s headquarters in Washington, D.C. On April 7, it announced the agenda and attendees of the roundtable, which many industry observers and executives hope will usher in regulations for crypto in the United States. “Hearing the public’s concerns and suggestions helps the SEC create a clear, sensible, and fair path forward for the crypto industry,” said Commissioner Hester Peirce, leader of the Crypto Task Force. Crypto Regulations Coming Peirce added that she is looking forward to this roundtable and the rest of the series “as we move toward crypto clarity for the benefit of the American public.” SEC announces agenda and panelists for roundtable on crypto trading: https://t.co/RDQyWDlE8o pic.twitter.com/T0ifWIRP3a — U.S. Securities and Exchange Commission (@SECGov) April 7, 2025 The series of roundtable discussions were announced in March and include “Know Your Custodian: Key Considerations for Crypto Custody” on April 25, “Tokenization – Moving Assets Onchain: Where TradFi and DeFi Meet” on May 12, and “DeFi and the American Spirit,” on June 6. They are open to the public both in-person via registration and via live webcast. Opening remarks will be from acting chairman Mark Uyeda, Commissioner Caroline Crenshaw, and Commissioner Peirce. The main roundtable discussion is moderated by Nicholas Losurdo, a Partner at Goodwin Procter, and features diverse panelists, including representatives from traditional finance, crypto companies such as Coinbase, industry associations, and academic institutions. The move is a complete about-turn for the SEC, which has spent the past few years issuing lawsuits against American crypto companies. However, most of those investigations have now been closed or settled as the regulator operates under new leadership. No Love For Markets Nevertheless, the premise of a pro-crypto regulatory environment and the fostering of investment and innovation in the US sector has done nothing to prevent a massive market sell-off this week. Total capitalization tanked to a five-month low below $2.5 trillion this week as Bitcoin sunk and altcoins were obliterated. The trade war between the Trump administration and the rest of the world, particularly China, escalated this week when the POTUS promised additional tariffs on China. China responded, stating that it would “fight to the end” and “resolutely take countermeasures to defend its own interests.” No amount of pro-crypto regulation is likely to influence sentiment in the current economic climate until the dust settles from the trade war and agreements are inked. The post SEC Readies for First Crypto Regulation Roundtable appeared first on CryptoPotato . Finbold
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