Strategy posts $12.6 billion Q4 loss as bitcoin slide triggers one of largest quarterly hits in corporate history

strategy Strategy reported a fourth-quarter loss on Wednesday as a massive bitcoin BTC pullback erased tens of billions of dollars in value from the company’s balance sheet, producing one of the largest quarterly losses ever recorded by a U.S. public company. The bitcoin treasury firm, formerly MicroStrategy, posted an operating loss of roughly 17.4billionforthequarter,drivenalmostentirelybyunrealizedlossesonitsbitcoinholdings.Netlossattributabletocommonshareholderscameinat17.4 billion for the quarter, driven almost entirely by unrealized losses on its bitcoin holdings. Net loss attributable to common shareholders came in at 12.6 ...

Strategy posts $12.6 billion Q4 loss as bitcoin slide triggers one of largest quarterly hits in corporate history - Reportify