{
    "id": 61587,
    "date": "2026-02-06T09:27:13",
    "date_gmt": "2026-02-06T02:27:13",
    "guid": {
        "rendered": "https:\/\/hbbgroup.net\/strategy-records-12-4b-loss-in-q4-shares-dip-17-as-bitcoin-tumbles\/"
    },
    "modified": "2026-02-06T09:27:13",
    "modified_gmt": "2026-02-06T02:27:13",
    "slug": "strategy-records-12-4b-loss-in-q4-shares-dip-17-as-bitcoin-tumbles",
    "status": "publish",
    "type": "post",
    "link": "https:\/\/hbbgroup.net\/en_us\/strategy-records-12-4b-loss-in-q4-shares-dip-17-as-bitcoin-tumbles\/",
    "title": {
        "rendered": "Strategy records $12.4B loss in Q4, shares dip 17% as Bitcoin tumbles"
    },
    "content": {
        "rendered": "<div data-testid=\"html-renderer-container\">\n<p data-ct-non-breakable=\"undefined\">The Bitcoin buying company Strategy reported a net loss of $12.4 billion in the fourth quarter of 2025, driven down by Bitcoin\u2019s 22% fall over the quarter.<\/p>\n<p>Bitcoin (<a href=\"http:\/\/cointelegraph.com\/bitcoin-price\">BTC<\/a>) reached a peak high of $126,000 in early October, but tumbled over the quarter ending Dec. 31 to under $88,500. Bitcoin is down 30% so far this year to $64,500, below Strategy\u2019s average cost per BTC of $76,052.<\/p>\n<p>Strategy (MSTR) <a href=\"https:\/\/assets.contentstack.io\/v3\/assets\/bltf8d808d9b8cebd37\/bltefc5ad69287e39d2\/6985035ef3563dcb9cbdb29c\/strategy-q4-earnings-release_02-05-2026.pdf\" rel=\"noopener nofollow\" target=\"_blank\">said<\/a> on Thursday that, despite the loss, its Q4 revenues rose 1.9% year-on-year to $123 million, driven in part by its business intelligence arm. However, the recent Bitcoin sell-off saw its shares close 17% lower on Thursday to $107.<\/p>\n<figure>    <img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2026-02\/019c301a-a2dd-761e-b661-d3796862d2de.png\" title><figcaption><em>Shares in Strategy tumbled on Thursday alongside Bitcoin. Source: <\/em><a href=\"https:\/\/www.google.com\/finance\/quote\/MSTR:NASDAQ\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/www.google.com\/finance\/quote\/MSTR:NASDAQ\"><em>Google Finance<\/em><\/a><br \/><\/figcaption><\/figure>\n<p data-ct-non-breakable=\"undefined\">Bitcoin\u2019s latest tumble pushed it to a low of $62,500 on Thursday, leaving <a href=\"https:\/\/cointelegraph.com\/news\/strategy-hints-bought-bitcoin-after-weekend-crash\">Strategy down 17.5%<\/a> on its <a href=\"https:\/\/cointelegraph.com\/news\/michael-saylor-strategy-700k-bitcoin-fresh-2-1-billion-buy\">713,502 Bitcoin<\/a> holdings.<\/p>\n<h2>Strategy on strong financial footing, says finance boss<\/h2>\n<p>Despite the massive quarterly loss, Strategy chief financial officer Andrew Kang said in a statement that the company\u2019s <a href=\"https:\/\/cointelegraph.com\/news\/saylor-strategy-buys-75m-btc-dip-below-75k\">capital structure<\/a> remains \u201cstronger and more resilient today than ever before.\u201d<\/p>\n<p data-ct-non-breakable=\"undefined\">\u201cStrategy has built a digital fortress anchored by 713,502 Bitcoins and our shift to Digital Credit, which aligns with our indefinite Bitcoin horizon.\u201d<\/p>\n<p data-ct-non-breakable=\"undefined\"><em><strong>Related:<\/strong><\/em><a href=\"https:\/\/cointelegraph.com\/news\/us-treasury-bessent-wont-bail-out-bitcoin\"><em><strong> US won&#8217;t &#8216;bail out&#8217; Bitcoin, says Treasury Secretary Bessent<\/strong><\/em><\/a><em><strong>\u00a0<\/strong><\/em><\/p>\n<p>The company boosted its cash holdings to $2.25 billion in Q4, covering 30 months of dividend payouts, signaling financial strength despite the market downturn.<\/p>\n<p data-ct-non-breakable=\"undefined\">Strategy also has no major debt maturing until 2027, meaning it isn\u2019t under immediate pressure to repay borrowings and may not be forced to liquidate Bitcoin to meet obligations in the near term.<\/p>\n<p><template data-ct-widget=\"buzzsprout\" data-buzzsprout-podcast-id=\"2040516\" data-buzzsprout-episode-id=\"18190687\"><\/template><\/p>\n<p>Strategy CEO Phong Le <a href=\"https:\/\/x.com\/i\/broadcasts\/1mrGmBMdDMWJy\" rel=\"noopener nofollow\" target=\"_blank\">told<\/a> investors on an earnings call that there\u2019s no reason to panic about the company\u2019s financial position and its <a href=\"https:\/\/cointelegraph.com\/news\/michael-saylor-criticism-bitcoin-treasury-companies\">Bitcoin strategy.<\/a><\/p>\n<blockquote><p>\u201cI\u2019m not worried, we\u2019re not worried, and no, we\u2019re not having issues.\u201d<\/p><\/blockquote>\n<p data-ct-non-breakable=\"undefined\">He noted that Strategy\u2019s enterprise value is still above its $45 billion Bitcoin reserve and that its $8.2 billion of <a href=\"https:\/\/cointelegraph.com\/news\/btc-mining-ai-gold-rush-convertible-bond-boom\">convertible deb<\/a>t only represents about 13% net leverage, below most Standard &#038; Poor\u2019s 500 companies.<\/p>\n<p><em><strong>Magazine:<\/strong><\/em><a href=\"https:\/\/cointelegraph.com\/magazine\/south-korea-gets-rich-from-crypto-north-korea-gets-weapons\/\"><em><strong> South Korea gets rich from crypto\u2026 North Korea gets weapons<\/strong><\/em><\/a><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\" label=\"Subscription Form: Markets Outlook\"><\/template><\/div>\n<p>Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph\u2019s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy <a href=\"http:\/\/cointelegraph.com\/editorial-policy\">https:\/\/cointelegraph.com\/editorial-policy<\/a><\/p>",
        "protected": false
    },
    "excerpt": {
        "rendered": "<p>The Bitcoin buying company Strategy reported a net loss of $12.4 billion in the fourth quarter of 2025, driven down [&hellip;]<\/p>",
        "protected": false
    },
    "author": 5,
    "featured_media": 61588,
    "comment_status": "open",
    "ping_status": "open",
    "sticky": false,
    "template": "",
    "format": "standard",
    "meta": {
        "_acf_changed": false,
        "footnotes": ""
    },
    "categories": [
        220
    ],
    "tags": [],
    "class_list": [
        "post-61587",
        "post",
        "type-post",
        "status-publish",
        "format-standard",
        "has-post-thumbnail",
        "hentry",
        "category-tien-dien-tu"
    ],
    "acf": [],
    "_links": {
        "self": [
            {
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts\/61587",
                "targetHints": {
                    "allow": [
                        "GET"
                    ]
                }
            }
        ],
        "collection": [
            {
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts"
            }
        ],
        "about": [
            {
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/types\/post"
            }
        ],
        "author": [
            {
                "embeddable": true,
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/users\/5"
            }
        ],
        "replies": [
            {
                "embeddable": true,
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/comments?post=61587"
            }
        ],
        "version-history": [
            {
                "count": 0,
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts\/61587\/revisions"
            }
        ],
        "wp:featuredmedia": [
            {
                "embeddable": true,
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/media\/61588"
            }
        ],
        "wp:attachment": [
            {
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/media?parent=61587"
            }
        ],
        "wp:term": [
            {
                "taxonomy": "category",
                "embeddable": true,
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/categories?post=61587"
            },
            {
                "taxonomy": "post_tag",
                "embeddable": true,
                "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/tags?post=61587"
            }
        ],
        "curies": [
            {
                "name": "wp",
                "href": "https:\/\/api.w.org\/{rel}",
                "templated": true
            }
        ]
    }
}