Strategy Reports Nearly $14.5 Billion Unrealized Bitcoin Loss in Q1, Tax Credits Partially Offset Losses

According to an 8-K filing submitted by Strategy to the U.S. Securities and Exchange Commission, the company reported approximately $14.46 billion in unrealized losses on Bitcoin for the first quarter of 2026. However, related tax implications resulted in about $2.42 billion in deferred tax assets, partially offsetting the paper losses. Despite the unrealized loss position on its holdings, Strategy chose to continue accumulating Bitcoin in early April. The related funds primarily came from its ATM (At-The-Market) stock financing program, which is also part of its "42/42" financing strategy. The goal is to raise $84 billion by 2027 for the ongoing accumulation of Bitcoin. (The Block)