Strategy posts $12.4B Q4 loss as Bitcoin sinks to $64K and stock tumbles 17%
Strategy reported a $12.4 billion Q4 net loss following a sharp crypto market downturn that saw Bitcoin drop to $64,000.Summary
Strategy announced a massive $12.4 billion net loss for the fourth quarter of 2025, driven by a significant downturn in the cryptocurrency market where Bitcoin fell to $64,000. This drop caused a $7.5 billion paper loss on Strategy's 713,502 BTC holdings, based on their average cost of $76,052 per coin. Consequently, Strategy's stock price plummeted 17% to $106, wiping out year-to-date gains. Despite the volatility, CEO Phong Le reaffirmed the company's long-term commitment to its Bitcoin treasury strategy, noting that $25.3 billion in capital was raised in 2025 and 41,002 BTC were acquired in January 2026. The company maintains a strong liquidity position with $2.25 billion in USD Reserves and $3.4 billion issued in its STRC credit product.
(Source：Crypto Briefing)