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 12.6 ...