Right this moment, Technique delivered its Q1 2025 earnings report, saying a 13.7% year-to-date “BTC Yield” and a $5.8 billion “BTC $ Acquire.” The corporate now holds 553,555 bitcoins at a complete value of $37.9 billion—a median of $68,459 per coin—making it the undisputed chief in company Bitcoin reserves.
The corporate additionally introduced it’s doubling its capital elevating efforts from $42 billion to $84 billion. In keeping with President and CEO Phong Le, this plan is 32% full, and Technique nonetheless has about $57 billion left to lift to purchase extra Bitcoin via 2027. Le said that Technique could discover new methods of elevating capital over time to buy extra Bitcoin, along with their present strategies of fundraising.
Within the first 4 months of 2025, Technique added 301,335 BTC to its steadiness sheet via a record-setting $21 billion at-the-market (ATM) fairness providing. With Bitcoin now buying and selling close to $97,300, Technique’s unrealized good points have soared even additional in Q2.
“We efficiently executed our file $21 billion frequent inventory ATM, including 301,335 BTC to our steadiness sheet whereas concurrently reaching a 50% improve in MSTR share value throughout the identical interval,” mentioned Phong Le, President and CEO. “In Q1, we additionally broadened our capital base with two of essentially the most profitable most well-liked inventory IPOs in a decade.”
The corporate additionally introduced it’s growing its 2025 BTC Yield goal from 15% to 25%, and its BTC $ Acquire goal from $10 billion to $15 billion—showcasing a bolder and extra aggressive Bitcoin acquisition technique.
Andrew Kang, Chief Monetary Officer, added, “We’re thrilled to report a robust begin to the yr with a year-to-date BTC Yield of 13.7%, reaching over 90% of our 2025 goal in simply the primary 4 months. Our year-to-date BTC $ Acquire of $5.8 billion additionally meets 58% of our annual goal. With robust market momentum and our profitable treasury execution, we’re growing our 2025 BTC Yield goal to 25% and BTC $ Acquire goal to $15 billion.”
Kang additionally famous the adoption of honest worth accounting for Bitcoin holdings, which led to a $12.7 billion uplift in retained earnings regardless of a $5.9 billion unrealized loss as a result of Q1’s closing BTC value of $82,445.
With over 70 public corporations now adopting a Bitcoin treasury customary, Technique continues to guide the motion—proving Bitcoin isn’t simply an asset, it’s a company cornerstone.