Strategy Reports Q1 Results: Over $12 Billion In Red Ink—Here Are The Key Figures

Strategy also broke out the main driver of that operating loss, stating that Q1 2026 operating loss included an unrealized loss on the company’s digital assets of 14.46 billion. Related Reading: XRP Near 1.40—What Could Spark A Move To 1.70, And How The CLARITY Act Fits In Strategy’s net loss for the first quarter of 2026 came in at 12.54 billion, or 38.25 per common share on a diluted basis. That compared with a net loss of 4.22 billion, or 16.49 per common share on a diluted basis, in the prior-year quarter. The company also provided an update on liquidity. As of March 31, 2026, Strategy reported cash and cash equivalents of 2.21 billion, compared with 2.30 billion as of December 31, 2025. On the revenue side, Strategy recorded total revenues of 124.3 million in Q1 2026, up from 111.1 million in Q1 2025—an increase of 11.9 year over year. Bitcoin Numbers Disclosed Strategy also included a Bitcoin performance snapshot. Through 2026 year-to-date, the company reported a BTC yield of 9.4. It also reported a BTC dollar gain of 4.97 billion for 2026 year-to-date. As of May 3, 2026, Strategy said its digital assets were comprised of approximately 818,334 Bitcoin. The company reported an original cost basis and market value of 61.81 billion and 64.14 billion, respectively. Related Reading: DTCC Tokenized Securities Roadmap: Pilot In July, Scale Up In October—With Big Names Like Ripple For Strategy, that translates to an average cost per Bitcoin of approximately 75,537 and an average market price per Bitcoin of approximately 78,374 as of May 1, 2026. On Tuesday, Strategy’s stock, which trades under the ticker name MSTR, closed the trading session at 186, marking a 3 increase for the day, as Bitcoin surpassed the 81,000 mark. Featured image created with OpenArt, chart from TradingView.com