Strategy Sees $3.03 Loss per Share in Q4, Bitcoin Holdings at $45B, Eyes $10B Gain in 2025
Strategy (MSTR), the newly renamed company shifting its focus to bitcoin, reported a fourth-quarter net loss of $3.03 per share, a stark contrast to the $0.50 per share profit from the same quarter last year. The loss stems from an impairment charge on its substantial bitcoin holdings—471,107 BTC—currently valued at over $45 billion with bitcoin priced around $97,000.
Looking ahead, Strategy aims for a $10 billion gain on its bitcoin investments in 2025, signaling confidence in the cryptocurrency market despite the recent volatility.
The company has had a busy week, not only releasing earnings but also upsizing its preferred stock offering and formally rebranding itself from MicroStrategy. The shift in its identity highlights its increased focus on digital assets rather than traditional software business operations.
Additionally, with the Financial Stability Accounting Board (FASB) implementing a new accounting rule for digital asset valuations, Strategy will need to adopt this fair value accounting starting in Q1 2025, a change that could impact the company’s financials in the future.
After the earnings release, Strategy’s stock saw a slight dip in after-hours trading, extending a 3% loss during the regular session as bitcoin dropped to $97,000.
