MicroStrategy Reports Loss, Changes Name to "Strategy"
MicroStrategy (MSTR) has announced a wider-than-expected loss for Q4 and a name change to "Strategy."
Key Financials:
* Revenue decreased 3% YoY to $120.7 million, below expectations.
* Net loss reached $670.8 million, or $3.03 per share, compared to a profit of $89.1 million in Q4 2023.
Bitcoin Holdings:
* Strategy acquired 218,887 BTC for $20.5 billion in Q4, marking its largest quarterly purchase.
* In 2025, the company added 10,107 BTC for $1.1 billion, bringing its total to 471,107 BTC (worth approximately $45.65 billion at $97,000 per BTC).
Rebranding:
* Strategy has unveiled a new logo featuring a stylized letter B, representing its Bitcoin focus.
* The company plans to use fair value accounting for its cryptocurrency holdings in future reporting.
Market Reaction:
* Shares of Strategy saw minimal movement in after-hours trading.
* Over the past year, the stock has outperformed Bitcoin with a gain of close to 600%.