Its capital collection efforts are likely to wait in the middle of the market panic, strategy (MSTR) did not add to its Bitcoin (BTC) possessions last week.

In addition, the company expects to report a net loss for the first quarter due to an unrealized loss of $ 5.91 billion on its Bitcoin stocks, according to a filing on Monday morning. This follows the adoption of new accounting rules that require crypto assets to be marked to the market. A tax benefit of $ 1.69 billion is expected to partially offset the loss.

Strategy raised a total of $ 7.69 billion over the quarter, $ 4.4 billion of it from joint stock sales and the rest from the preferred share issue. Most or all of these funds were used to buy Bitcoin at much higher prices than the current $ 77,000.

In fact, the average purchase price of the company’s 528,185 BTC stack has risen to almost $ 67,500, which means that the company is only approx. 14% on its holdings.

Mstr shares are lower by 9% at the beginning of Monday, now down with 10% years to date, but still ahead of 77% year-over years.

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