TLDR
- Strategy held 818,334 bitcoin as of May 3, 2026.
- BTC Yield reached 9.4% year to date in 2026.
- The company raised $11.68 billion a year to date.
- Q1 2026 net loss totaled $12.54 billion.
- STRC reached $8.5 billion in nine months.
Strategy reported first-quarter 2026 results with 818,334 bitcoin held as of May 3. The company said its BTC Yield reached 9.4% year to date, while BTC Gain stood at 63,410. It also reported $11.68 billion raised year to date and a wider quarterly loss, driven by unrealized losses on digital assets and lower bitcoin market prices in the reported quarter.
Bitcoin Holdings Rise as Strategy Reports YTD Yield
Strategy Inc. reported first-quarter 2026 results and said it held 818,334 bitcoin as of May 3. The company described itself as the largest corporate holder of bitcoin and the first Bitcoin Treasury Company.
Strategy said its BTC Yield reached 9.4% year to date in 2026. BTC Gain was 63,410 bitcoin, while BTC $ Gain was about $4.97 billion. The company said bitcoin had an original cost basis of $61.81 billion. The company valued its bitcoin holdings at $64.14 billion, based on a market price of $78,374 per bitcoin.
The average cost per bitcoin was about $75,537. These figures were reported as of May 3, with the market price dated May 1. Michael Saylor, founder and executive chairman, said STRC had scaled to $8.5 billion in nine months. He said STRC was the largest preferred stock by market cap in the world.
Q1 Loss Widens on Digital Asset Fair Value Changes
Strategy reported an operating loss of $14.47 billion for the first quarter of 2026. That compared with an operating loss of $5.92 billion in the first quarter of 2025. The company said the latest figure included a $14.46 billion unrealized loss on digital assets.
Net loss for the quarter was $12.54 billion, or $38.25 per diluted share. In the same quarter last year, net loss was $4.22 billion, or $16.49 per diluted share. Revenue rose to $124.3 million from $111.1 million a year earlier. That was an 11.9% increase. Gross profit was $83.4 million, and gross margin was 67.1%.
Cash and cash equivalents were $2.21 billion as of March 31, 2026. That compared with $2.30 billion at the end of 2025. The company said shareholders should rely on its SEC filings for full financial details.
Capital Raising and Digital Credit Activity Expand
Strategy said it raised $11.68 billion year to date through its capital markets activity. It received $7.37 billion in gross proceeds during the first quarter. It also raised another $4.32 billion from April 1 through May 3. STRC raised $5.58 billion year to date, which the company said was 189% growth. Strategy also reported $692.5 million in cumulative dividends declared and paid on all preferred stock to date.
Phong Le, president and chief executive officer, said STRC had shown “strong demand, high liquidity, and low volatility.” He also said daily trading volume reached $375 million, while volatility moved down to 3%. Andrew Kang, chief financial officer, said Strategy had more than $13.5 billion of preferred equity outstanding.
He said the company had met payment duties across 23 distributions, totaling more than $693 million since early 2025. Strategy said it expects preferred equity distributions to be treated as non-taxable return of capital for the foreseeable future. It also said tax treatment may change, and shareholders should consult their own tax advisers.





