Strategy’s Q1 revenue of $111.1 million fell short of expectations

On May 2nd, Strategy (formerly known as MicroStrategy), a major Bitcoin holder, reported a revenue of $111.1 million in the first quarter, with analysts expecting $115.8 million; Net loss of 4.23 billion US dollars in the first quarter; Cash and cash equivalents for the first quarter were $60.3 million, with analysts expecting $106.2 million.

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