Key Takeaways Strategy pairs a large Bitcoin treasury with its enterprise analytics software business.MSTR expanded its digital credit platform, raising $25.3B in 2025 to support additional Bitcoin purchases.Strategy reported Q4 revenues of $123M, up 1.9%, supported by recurring software subscriptions.Strategy (MSTR) has positioned itself as a distinctive player in the digital asset ecosystem, combining a large Bitcoin treasury strategy with an established enterprise analytics software business. However, th ...