BlockBeats News, May 6th. Strategy released its Q1 2026 financial report. As of May 3, 2026, Strategy holds 818,334 bitcoins, representing a 22% increase since the beginning of the year. The realized Bitcoin return rate is 9.4%, with the Bitcoin dollar value gained from quantity increase reaching approximately $49.7 billion. The company has raised over $116 billion through a market-price issuance plan and its digital credit product, STRC. Of this total, STRC has grown 189% since the beginning of the year, with a total fundraising of $55.8 billion. Within nine months, its market value has reached $85 billion, making it the world's largest preferred stock by market capitalization. STRC has a daily average trading volume of $375 million, a volatility of only 3%, a Sharpe ratio of 2.53, and has been held by many corporate treasuries and decentralized finance protocols.

In Q1, the company's total revenue was $12.43 billion, an 11.9% year-on-year increase, with a gross profit of $8.34 billion and a gross margin of 67.1%. However, due to a significant drop in Bitcoin prices during the period, the company recorded an unrealized loss on digital assets of $14.46 billion, resulting in an operating loss of $14.47 billion, a net loss of $12.54 billion, and a diluted loss per share of $38.25. The company's cash reserves amount to $2.21 billion, slightly down from the beginning of the year.

Strategy will continue to advance its Bitcoin treasury strategy and plans to increase STRC's dividend payment frequency to bi-monthly to enhance liquidity. It is expected that future dividends will be treated as tax-free capital returns. The key performance indicators used by the company, such as the Bitcoin return rate and the Bitcoin dollar value gained from quantity increase, aim to measure the dilution effect of Bitcoin per share held; however, these indicators do not reflect the fair value changes of digital assets. It is important to note that if future convertible debt is not converted into stock upon maturity, the company may be forced to sell Bitcoin or common stock to repay the debt, which is not intended as a profit-taking measure. The Strategy management stated that despite the bearish Bitcoin market, traditional financial institutions are still accelerating their deployment.