Strategy： The unrealized loss of digital assets in the first quarter was $5.91 billion, and the outstanding debt as of March 31 was $8.22 billion MicroStrategy (now Strategy) (MSTR. O) disclosed unrealized losses of $5.91 billion in digital assets in the first quarter; Our Bitcoin strategy exposes us to multiple risks. As of March 31st, the outstanding debt was $8.22 billion.