other material
confidence high
sentiment negative
materiality 0.85
Strategy reports $14.46B unrealized loss on digital assets for Q1 2026
Strategy Inc
- Unrealized loss of $14.46B on digital assets for Q1 2026; deferred tax benefit of $2.42B.
- Digital asset carrying value $51.65B as of March 31; cost basis above fair value triggered $1.73B valuation allowance.
- Additional $0.5B valuation allowance expected on software deferred tax assets due to bitcoin price decline.
- ATM sales April 1-5: 1,027,255 STRC shares ($102.7M notional) and 593,294 MSTR shares ($72M net proceeds).
- Acquired 4,871 BTC April 1-5 at avg $67,718; total holdings 766,970 BTC with avg purchase price $75,644.