MicroStrategy Sees Net Loss of $670.8 Million in Q4

Strategy, a business intelligence company and holder of corporate Bitcoin, announced its fourth-quarter financial results on Wednesday. One of the highlights was its significant increase in Bitcoin holdings, almost doubling in just three months.

The company’s operating expenses for the quarter increased by 693% to $1.103 billion compared to the previous year. The reported net loss was $670.8 million, or $3.03 per diluted share.

Total revenues for the quarter were $120.7 million, slightly lower than last year and falling short of consensus estimates by approximately $3 million.

As of December 31, 2024, the company had $38.1 million in cash and cash equivalents, a decrease from $46.8 million the year before. Strategy’s current Bitcoin holdings stand at 471,107 with a market value of around $44 billion. In the fourth quarter, the company acquired 218,887 Bitcoins for a total of $20.5 billion, marking the largest increase in quarterly Bitcoin holdings.