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Strategy Raising Another $21B to Buy Bitcoin, Posts Large Q1 Loss on BTC Price Decline

CoinDesk LogoCoinDesk2d ago

Strategy Raising Another $21B to Buy Bitcoin, Posts Large Q1 Loss on BTC Price Decline - CoinDesk

Quick Summary:

The company boosted its BTC Yield target to 25% from 15% and its BTC $ Gain Target to $15 billion from $10 billion.

Subscription services revenue for the quarter came in at $37.1 million, compared with $23.0 million in the year prior.

Turning to its software business, revenue for the quarter fell 3.6% to $111.1 million from $115.2 million the year before.

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Strategy Raising Another $21B to Buy Bitcoin, Posts Large Q1 Loss on BTC Price Decline - CoinDesk (Picture 1)

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Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 20:27:52 (2 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 328 words

Reading Time: 2 minutes read

Sentences: 34 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 28313348

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About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 6 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

Publisher Details

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The story "Strategy Raising Another $21B to Buy Bitcoin, Posts Large Q1 Loss on BTC Price Decline" has 328 words across 34 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Strategy Raising Another $21B to Buy Bitcoin, Posts Large Q1 Loss on BTC Price Decline" was covered 2 days ago by CoinDesk, a news publisher based in United States.

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CoinDesk is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 6 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #28313348
  • URL: https://polinwei.beamstart.com/news/strategy-raising-another-21b-to-17461342146793

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