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MSTR expects Q1 to lose nearly US$6 billion due to BTC positions."

According to online reports, MicroStrategy did not increase its holdings of BTC from March 31 to April 6, and its current position remains at 528,185. As the new accounting standards require crypto assets to be valued at market value, the company expects to record an unrealized loss of US$5.91 billion in the first quarter due to its BTC positions, and a net loss after tax deductions of approximately US$4.22 billion. In addition, the company raised a total of US$7.69 billion in the first quarter, of which US$4.4 billion came from common stock issuance and the rest came from preferred stock, almost all of which was used to buy BTC at levels higher than current prices. The average price of its BTC holdings has risen to US$67,500, and currently only has a floating profit of about 14%. MSTR shares fell 9% at the beginning of trading on Monday and 10% during the year, but still rose 77% year-on-year.

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