Strategy Faces $12.4B Q4 Loss as Bitcoin Prices Plummet

Despite a significant $12.4 billion loss in Q4, Strategy executives remain optimistic about the company's financial health amidst Bitcoin's decline.

Strategy reported a staggering loss of $12.4 billion in the fourth quarter, leading to a 17% decline in its stock value as Bitcoin prices fell sharply.

Company executives Phong Le and Andrew Kang have reassured stakeholders that the firm remains in a robust financial position, even though it has experienced a 17.5% decrease in its Bitcoin investments.