Strategy Misses Wall Street Estimates By Huge Margin In Q1 Earnings Report
Tech Strategy Misses Wall Street Estimates By Huge Margin In Q1 Earnings Report Strategy Inc. (NASDAQ:MSTR) reported a sharp earnings miss in the first quarter earnings report for 2026 after the market closed on Tuesday. The weak earnings were attributed to its Bitcoin losses, which were way beyond what analysts expected. Strategy Announces Q1 Earnings Results Strategy reported a loss per share of $38.25 on a diluted basis in the quarter ended March 2026 quarter. The figure was significantly worse than the Wall Street consensus estimate of a loss per share of 3.41. The earnings miss was mainly caused by a huge unrealized loss on digital assets. Strategy announced that it had recorded a markdown of $14.46 billion on its Bitcoin holdings in the quarter, pushing the total net loss to $12.54 billion. The company had reported a much smaller net loss of $4.22 billion a year later. The losses come as Bitcoin price plunged nearly 30% in the first quarter after the U.S.-Iran war weighed on the markets. However, the BTC price has since recovered well above the $81,000 level. This rebound has pushed Strategys BTC gains to $5.1 billion in the year-to-date timeframe. Meanwhile, the quarterly revenue stood at 124.3 million, slightly under the expectation