MicroStrategy reported a $5.9 billion loss in Q1 2025 due to a drop in Bitcoin prices. Despite this, the company announced a new stock financing plan worth up to $21 billion, aimed specifically at purchasing more Bitcoin, reinforcing its belief in the digital asset they refer to as 'digital gold.'

According to the financial report, Bitcoin's market price fell from $93,390 at the end of the previous year to $82,445, necessitating the recognition of a $5.9 billion asset impairment according to U.S. accounting standards. However, the company emphasized that it has never sold any Bitcoin and currently holds 553,555 BTC, with a total investment of $37.9 billion and an average acquisition cost of $68,459.

The company's CEO, Michael Saylor, predicts that Bitcoin could reach $1.3 million within 20 years and believes that Bitcoin will eventually replace traditional fiat currency. While opinions on MicroStrategy's aggressive 'all-in Bitcoin' strategy vary, MSTR shares have surged over three-fold since October last year, and despite volatility in 2025, its market value has returned to over $100 billion.