- The approach was unable to get the expectations on Wall Street through a large margin in the first quarter.
- Saylor hopes that BTC prices will record a combined -annual growth rate of nearly 30 percent over the next two decades.
- The price of Bitcoin has been bouncing above $ 96K for the first time since mid-February.
The approach, former microstrategy, the leading corporate holder of Bitcoin (BTC), released the first quarter 2025 financial results on Thursday, May 1. For the three -month period ended on March 31, the approach added 61,497 Bitcoins, thus the money holding about 553,555 Bitcoins.
As a result, the approach achieved a BTC yield of 13.7 percent in the first quarter of 2025.
The company continued capital in the equity markets to buy more Bitcoins in the first quarter.
“Matagumpay naming naisakatuparan ang aming talaan ng $ 21 bilyong karaniwang stock ATM, pagdaragdag ng 301,335 BTC sa aming sheet ng balanse habang sabay na nakamit ang isang 50% na pagtaas sa presyo ng pagbabahagi ng MSTR sa parehong panahon. Sa Q1, pinalawak din namin ang aming kabisera na base sa dalawa sa pinakamatagumpay na ginustong mga IPO ng stock sa isang dekada,” Phong Le, Pangulo at Punong Ehekutibong Opisyal sa Diskarte sa Diskarte mentioned.
The market outlook for approach
In the first quarter of 2025, the approach recorded the income of nearly $ 111.1 million, a denial of 3.6 percent year over the year. The company reported a gross profit of $ 77.1 million in Q1 2025, compared to $ 85.2 million at the same time last year.
The analysts are polled by the factset that is expected to approach the loss of GAAP of 11 cents per section at sales $ 117 million. Meanwhile, the approach expects to increase $ 84 billion in the upcoming residence to buy more Bitcoins.
Impact on Bitcoin
The company's lasting confidence in Bitcoin has helped attract more institutional investors in the industry. As a result, the price of Bitcoin gets bullish sentiment similar to gold. In the past two weeks, the price of Bitcoin gained more than 13 percent to trade nearly $ 96.6K at the time of this writing.
If the BTC price is in charge of continuously near $ 96K in the coming weeks, a rally beyond $ 109k will be unavoidable.
