According to a report from 深潮 TechFlow on May 2, Walter Bloomberg (@DeItaone) stated on the X platform that Strategy (formerly MicroStrategy) is now focusing more on Bitcoin rather than software. The company reported a first-quarter loss of $4.23 billion (or $16.49 per share), which was much worse than expected, and a revenue decline of 3.6% to $111.1 million, also below expectations.
According to reports, Strategy will launch a brand new “42/42 plan” aimed at raising $84 billion within two years to purchase Bitcoin. Previously, the company launched a $42 billion “21/21 plan.” Analysts say that Strategy remains a strong alternative to Bitcoin, with a price-to-earnings ratio of 2.13 times, and despite market fluctuations, its performance remains robust.
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