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MSTR did not increase its holdings of BTC last week, and is expected to lose nearly $6 billion in Q1 positions

MicroStrategy did not increase its BTC holdings between March 31 and April 6, and its current position remains at 528,185. Due to the new accounting standards requiring crypto assets to be mark-to-market, the company expects to record an unrealized loss of $5.91 billion on its BTC holdings in Quarter 1, resulting in a net loss of approximately $4.22 billion after tax deductions. In addition, the company raised a total of $7.69 billion in the first quarter, of which $4.40 billion came from common stock issuance and the rest from preference share, which was almost entirely used to buy BTC at a higher level than the current price. The average price of its BTC holdings has risen to $67,500, and it is currently only about 14% positive. MSTR shares fell 9% in early trading on Monday and fell 10% for the year, but are still up 77% year-on-year.