In the first quarter, the company earned $5.8 billion on BTC, but this did not save it from a net loss of $4.2 billion
The main reason is unrealized losses on balance-sheet bitcoins ($5.9 billion)
Strategy shares fell to $380.11 after the report, but are still up +31.76% since the beginning of the year
Operating expenses increased by almost 2000% to $6 billion
Chief Financial Officer Andrew Kang said the company is aiming for 25% annual profitability and $15 billion in profits
Strategy already holds 553,555 BTC, which is 2.63% of the total bitcoin issuance, worth $53.38 billion
A $21 billion share issue has also been announced to continue buying BTC
