MicroStrategy（現在稱為戰略）宣布，它預計將在2025年第一季度報告巨額損失

MicroStrategy（現稱為戰略）宣布，它希望在記錄59.1億美元未實現的比特幣損失後，在2025年第一季度報告巨額損失。

MicroStrategy (NASDAQ:MSTR) is expected to report a massive first-quarter loss as the company booked $5.91 billion in unrealized Bitcoin losses, according to a recent SEC filing.

根據SEC最近的一份SEC文件，預計MicroStrategy（NASDAQ：MSTR）有望報告第一季度的損失，因為該公司預訂了59.1億美元未實現的比特幣損失。

The Virginia-based software firm will take a hit to its quarterly results despite a $1.69 billion tax benefit.

儘管有16.9億美元的稅收優惠，但總部位於弗吉尼亞州的軟件公司仍將對其季度業績受到打擊。

The company currently holds 528,185 Bitcoin, which it bought at an average price of $67,458 per coin. These coins are now valued at approximately $41.3 billion at the current Bitcoin price of about $77,351.

該公司目前持有528,185個比特幣，其平均價格為每枚硬幣67,458美元。這些硬幣現在的價值約為413億美元，目前的比特幣價格約為77,351美元。

Bitcoin’s price has dropped to a five-month low amid renewed market unease over former President Donald Trump’s proposed tariffs, which are weighing heavily on risk assets.

比特幣的價格已降至五個月的低點，因為與前總統唐納德·特朗普（Donald Trump）的擬議關稅更加不安，這些關稅嚴重影響了風險資產。

This selloff has also affected tech stocks, with the Nasdaq down about 10% month-to-date and the S&P 500 losing over 7%.

這種拋售也影響了科技股，納斯達克股票下降了約10％，標準普爾500股損失超過7％。

Earlier this year, MicroStrategy was aggressively buying Bitcoin. In Q1 alone, the company spent $7.7 billion on Bitcoin at an average price of $95,000 per coin.

今年早些時候，MicroStrategy積極購買比特幣。僅在第一季度，該公司就以平均每枚硬幣為95,000美元的比特幣花費了77億美元。

However, MicroStrategy has now paused its additional purchases in April following the sharp drop in Bitcoin prices.

但是，在比特幣價格急劇下降之後，MicroStrategy現在在4月暫停了額外的購買。

According to an SEC filing on April 7, the company did not make any Bitcoin purchases during the week of March 31 to April 6.

根據4月7日的SEC文件，該公司在3月31日至4月6日期間沒有進行任何比特幣購買。

This pause came during a period of market volatility, with Bitcoin surging to as high as $87,000 on April 2 after starting the week around $82,000, only to fall below $80,000 on April 6.

這次停頓在市場波動期間發生，在開始一周左右的82,000美元左右後，比特幣飆升至4月2日高達87,000美元，僅在4月6日低於80,000美元以下。

Shares of MicroStrategy slid 10.6% to $262 on Monday as investors reacted to the news of the unrealized losses.

由於投資者對未實現的損失的消息做出了反應，MicroStrategy Slid Slid 10.6％至262美元的股票。

According to cryptocurrency analytics firm Akrham, MicroStrategy is only 13% away from losing virtually all of its Bitcoin gains. At the current price, the company is still sitting on an unrealized profit of 14.62% (roughly $5 billion).

根據加密貨幣分析公司Akrham的說法，微觀損失幾乎所有的比特幣收益只有13％。以目前的價格，該公司仍處於14.62％的未實現利潤（約合50億美元）。

The company’s co-founder and former CEO, Michael Saylor, has repeatedly ruled out selling even a small portion of the Bitcoin holdings. Saylor continues to promote Bitcoin on social media, recently writing, “Bitcoin is most volatile because it is most useful.”

該公司的聯合創始人兼前首席執行官邁克爾·塞勒（Michael Saylor）一再排除出售比特幣控股的一小部分。 Saylor繼續在社交媒體上宣傳比特幣，最近寫道：“比特幣最有用，因為它最有用。”

MicroStrategy also noted that its software segment continues to operate without positive cash flow. This has forced the company to rely on debt and equity offerings to fund its operations and Bitcoin purchases.

MicroStrategy還指出，其軟件細分市場繼續運行，沒有正面現金流。這迫使公司依靠債務和股權來資助其運營和比特幣購買。

During the recent market volatility, the company did not sell any shares of class A common stock, which it typically uses for financing its Bitcoin buys.

在最近的市場波動中，該公司沒有出售A類普通股的任何股票，該股票通常用於為其比特幣購買。

In the same SEC filing, MicroStrategy acknowledged that future profitability remains uncertain due to volatility in digital asset values. The company’s business model has become increasingly tied to the performance of Bitcoin.

在同一SEC文件中，MicroStrategy承認，由於數字資產價值的波動性，未來的盈利能力仍然不確定。該公司的業務模式與比特幣的性能越來越緊密。

The recent price decline has put MicroStrategy in a precarious position. If Bitcoin prices continue to fall below the company’s average purchase price of $67,458, it could face even larger unrealized losses in future quarters.

最近的價格下跌使微觀易變的位置處於不穩定的位置。如果比特幣價格繼續低於公司的平均購買價格67,458美元，那麼在將來的季度中可能會面臨更大的未實現損失。

For now, investors are watching closely to see if MicroStrategy will resume its Bitcoin purchases at these lower prices or continue its current pause in acquisition activity.

目前，投資者正在密切關注，以查看MicroStrategy是否會以較低的價格恢復其比特幣購買，或者繼續其當前的收購活動中的停頓。

MicroStrategy’s total Bitcoin holdings of 528,185 make it the largest publicly listed corporate holder of the cryptocurrency in the world.

MicroStrategy的總比特幣持有量為528,185，使其成為世界上最大的公開股份公司持有人。