Strategy plans to raise another $21 billion to buy BTC, with a loss of $4.2 billion in Q1 due to falling coin prices

Odaily Planet Daily News: Strategy recorded a $5.9 billion impairment in the first quarter due to the decline in Bitcoin prices, and reported a loss of $4.2 billion, or $16.49 per share. The company announced a new $21 billion public market common stock issuance plan, and has raised its BTC yield target from 15% to 25%, and its BTC dollar yield target from $10 billion to $15 billion. As of April, the company held a total of 553,555 bitcoins, with a purchase cost of $37.9 billion and an average cost of $68,459 per coin. The company said: "Our capital markets strategy continues to grow Bitcoin holdings while delivering outstanding value to shareholders."