The post Strategy touts 14% YTD Bitcoin yield in Q1 earnings print, misses estimates appeared on BitcoinEthereumNews.com.

Update (May 1, 11:35 pm UTC): This article has been updated to add Strategy’s revenue, net loss and analyst estimates. Michael Saylor’s Bitcoin-buying firm Strategy, formerly MicroStrategy, has reported earning a year-to-date yield of 13.7% on its Bitcoin holdings as it missed Wall Street’s first-quarter estimates. The company said in its May 1 earnings statement that its year-to-date Bitcoin (BTC) yield equates to a gain of more than 61,000 BTC, worth approximately $5.8 billion. Bitcoin yield and gain are unofficial accounting metrics Strategy uses to benchmark the success of its BTC buys.  Strategy’s chief financial officer, Andrew Kang, said it would increase its Bitcoin yield target for this year to 25% and its Bitcoin gain target to $15 billion. It comes as Strategy missed top and bottom line analyst estimates. The firm reported revenues of $111.1 million, down 3.6% from the year-ago quarter and missing analyst estimates by around 5%. Strategy also posted a net loss of $4.2 billion, around $16.49 per diluted share, against analyst estimates of an 11 cents per share loss and a rise from a $53.1 million in the first quarter of 2024. Strategy’s earnings call highlights. Source: Strategy The company’s Q1 operating expenses jumped by nearly 2,000% year-on-year to $6 billion, largely due to a $5.9 billion unrealized loss on its Bitcoin holdings. The company announced it would offer an additional $21 billion worth of stock to finance future Bitcoin buys. Related: Bitcoin, showing ‘signs of resilience’, beats stocks, gold as equities fold — Binance Bitcoin buying spree Shares in Strategy (MSTR) closed May 1 trading up 0.39% to $381.60, falling slightly after hours to $378.50, according to Google Finance. Strategy closed May 1 trading slightly up before a small fall after the bell. Source: Google Finance MSTR is up over 31.5% so far this year,…

---

Filed under: News - @ May 2, 2025 1:24 pm