TechFlow news, on May 2, according to Walter Bloomberg (@DeItaone) posting on X, Strategy (formerly MicroStrategy) is now more focused on Bitcoin than software. The company reported a first-quarter loss of $4.23 billion ($16.49 per share), far exceeding expectations, with revenue declining 3.6% to $111.1 million, also below forecasts.
It is understood that Strategy will launch a new "42/42 Plan," aiming to raise $84 billion over two years to purchase Bitcoin. Previously, the company had launched a $42 billion "21/21 Plan." Analysts say Strategy remains a strong Bitcoin proxy, with a P/E ratio of 2.13, demonstrating resilient performance despite market volatility.
Add to Favorites
Share to Social Media
