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Bittu
@bittu
Saylor’s Strategy Doubles Capital Raise for Bitcoin Purchase to $84B Despite Record Loss Michael Saylor’s firm, Strategy, has announced it is doubling its capital raising plan to $84 billion in an aggressive push to acquire more Bitcoin—even as the company posted a record $4.2 billion net loss in the first quarter of 2025. The loss stems from a recently adopted accounting rule requiring firms to value digital asset holdings like Bitcoin at market prices. Strategy, which owns approximately 554,000 BTC worth about $53 billion, adopted the rule in Q1 following its approval at the end of 2024.
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