Strategy posts $17.4 billion unrealized loss as Bitcoin falls in Q4

Strategy, the largest corporate Bitcoin holder, reported a $17.4 billion unrealized loss on its digital assets for the fourth quarter of 2025, driven by a decline in Bitcoin prices during that period. Bitcoin ended 2025 down about 6% for the year, falling from an October high near $126,000 to around $87,000 by year-end. For the entire year ending December 31, 2025, Strategy recorded a cumulative unrealized loss of $5.4 billion, offset by a $1.5 billion deferred tax benefit. Despite the losses, the company increased its holdings, purchasing 1,286 Bitcoin between late December 2025 and early January 2026, bringing its total reserves to 673,783 BTC, valued at approximately $62 billion at the time of reporting. Strategy also maintains a $2.2 billion US dollar reserve.

(Source：Crypto Briefing)