Strategy (MSTR) earnings news: Fourth quarter loss comes in at $12.4 billion, or $42.93 per share.

Strategy (MSTR), the largest corporate owner of Bitcoin, posted a net loss of $12.4 billion in the fourth quarter of 2025. This significant loss was attributed to the tumbling price of Bitcoin, which fell from approximately $120,000 at the start of Q4 to about $89,000 by year-end. The situation worsened after the quarter, with Bitcoin crashing to $64,000 just before the earnings release, causing Strategy shares to drop 17% in one of their worst sessions in years. The company, led by Executive Chairman Michael Saylor, currently holds 713,502 BTC, acquired at an average price of $76,052. Strategy finished the year with $2.25 billion in cash, sufficient for 2.5 years of preferred stock dividend coverage and debt interest. Investors are now focused on the earnings call for management's outlook amid the current market conditions.

(Source：CoinDesk)