Strategy, a prominent investment firm, has posted a staggering loss of $4.2 billion during the first quarter of this year. The investment giant attributes these losses to the volatile market conditions and some unsuccessful investments. Despite the loss, the firm remains undeterred and plans to raise a significant $21 billion in capital. The firm intends to use these funds to purchase Bitcoin (BTC), showing its strong belief in the long-term value of the cryptocurrency. Strategy’s decision comes amidst a global debate about the credibility and future of cryptocurrencies. The firm’s move is expected to impact the global cryptocurrency market significantly. The company’s shareholders and the larger financial market eagerly await the outcome of this bold move by Strategy.