Strategy reports $12.54B Q1 loss as bitcoin prices drop, but bitcoin rebound fuels investor optimism.

Strategy (formerly MicroStrategy) posted a $12.54 billion net loss in Q1 2026 due to a sharp bitcoin price decline from nearly $87,000 to around $68,000. Despite this, investors remain optimistic about the company's long-term bitcoin strategy, especially as bitcoin rebounded above $80,000 in Q2. Strategy holds about 818,334 BTC at an average cost of $75,537 per coin and maintains $2.25 billion in cash, ensuring financial stability. Market focus now shifts to the upcoming earnings call for updates on bitcoin acquisition and 2026 outlook.