Strategy Reports $12.6 Billion Loss in Q4 Amid Bitcoin Decline

Strategy faces a staggering $12.6 billion loss in Q4 due to Bitcoin's decline below its purchase price, marking a historic corporate setback.

The latest financial results from Strategy reveal a significant loss of $12.6 billion in the fourth quarter, primarily driven by the recent plunge in Bitcoin's value. This decline has resulted in one of the most substantial quarterly losses in the company's history.

As Bitcoin has fallen below Strategy's average acquisition cost of approximately $76,000, the firm’s holdings have reverted to an unrealized loss, underscoring the volatility of the cryptocurrency market and its profound impact on corporate financial performance.