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Strategy Q4 financial report: Net loss of $670.8 million, holding over 470000 bitcoins

Foresight News
Foresight News|Feb 06, 2025 00:41
According to Foresight News, According to The Block, Strategy (formerly MicroStrategy) has released its fourth quarter financial report. Among them, the operating expenses reached 1.103 billion US dollars, a year-on-year increase of 693%; Net loss of 670.8 million US dollars, total revenue of 120.7 million US dollars, about 3 million US dollars lower than the general expectation, a decrease of 3% from last year; As of December 31, 2024, the company's cash and cash equivalents were $38.1 million, lower than $46.8 million in the same period last year; Currently holding 471107 bitcoins with a market value of approximately $44 billion; In the fourth quarter, the company's quarterly Bitcoin holdings increased the most, buying 218887 BTC for $20.5 billion, with a BTC yield of 74.3% so far this year.
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