MicroStrategy reported a significant loss in its Q1 earnings, with a net income of USD -53.118 million and an EPS of -3.09. The company's revenue for the quarter was USD 115.246 million, falling short of the IBES estimate of USD 121.7 million. Operating expenses were reported at USD 288.933 million, while gross profit stood at USD 85.231 million. Despite these figures, the company's stock price fell by approximately 6% in after-hours trading. Additionally, MicroStrategy, known for its substantial investment in Bitcoin, now holds 214,400 BTC valued at approximately USD 13.6 billion, representing about 1% of the total circulating supply of Bitcoin. This strategic focus on Bitcoin has attracted significant new institutional buyers, despite the overall revenue decline of 5% year-over-year.