Strategy reported a first quarter loss of $4.2 billion or $16.49 per share thanks to a decline in the price of bitcoin.

The company announced a new $21 billion at-the-market common stock equity offering.

the company, though, shows no signs of slowing its pace of bitcoin acquisitions. Having used up nearly all of its previous $21 billion common stock offering with its most recent BTC buys last week, the company alongside earnings announced a fresh $21 billion at-the-market offering.

Turning to its software business, revenue for the quarter fell 3.6% to $111.1 million from $115.2 million the year before. Subscription services revenue for the quarter came in at $37.1 million, compared with $23.0 million in the year prior.