Strategy has reported $14.46 billion in unrealized losses on its Bitcoin holdings for the first quarter of 2026, according to its Form 8-K filed with the U.S. Securities and Exchange Commission. Despite these losses, the company gained approximately $2.42 billion in deferred tax assets, partially offsetting the financial impact. In response to the losses, Strategy has continued to expand its Bitcoin holdings in early April, utilizing funds from its at-the-market equity offering program. This move is part of its "42/42" financing strategy, which aims to raise $84 billion by 2027 to support sustainable Bitcoin accumulation.