Strategy reported a loss of $5.91 billion due to the decline in the price of Bitcoin.

Strategy reported that it did not acquire bitcoins from March 31 to April 6. This decision followed a week of increased volatility in the cryptocurrency market.

“Our unrealized loss on digital assets for the quarter ended March 31 was $5.91 billion, which we expect will be partially offset by a corresponding tax benefit of $1.69 billion,” the company said.

From March 31 to April 6, Strategy did not sell ordinary Class “A” shares, which the company usually uses to finance the purchase of the first cryptocurrency.

As of April 7, the Bitcoin portfolio Strategy amounted to 528,185 BTC, acquired for $35.6 billion at an average price of $67,458 per coin.

The decline of the cryptocurrency and global stock markets following the imposition of tariffs against almost all countries by U.S. President Donald Trump triggered a drop in the stock price of the company (MSTR) by more than 8%. The company is the largest publicly traded holder of bitcoins in the world.

Earlier, Monness Crespi experts stated that the aggressive Bitcoin purchasing strategy by the company Strategy has almost exhausted its investment potential.