MicroStrategy Inc. said late Thursday it will continue to buy bitcoin and grow its stash of the cryptocurrency, as it missed Wall Street’s quarterly expectations by a wide margin. “Our capital-markets strategy continues to grow our bitcoin holdings while delivering superior shareholder value,” Chief Executive Phong Le said.

Strategy's Q1 2025 earnings reveal massive losses and a controversial $84 billion stock offering to expand its Bitcoin holdings.

MicroStrategy has strayed far from its roots as a software company in its quest to become the world’s largest corporate holder of Bitcoin. While its ambitious new plan to fund future purchases of the cryptocurrency may raise eyebrows,