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Home BlockchainBitcoin Giant Strategy Records $12.4 Billion Q4 Loss as MSTR Shares Hit 18-Month Low
Blockchain

Bitcoin Giant Strategy Records $12.4 Billion Q4 Loss as MSTR Shares Hit 18-Month Low

by Decrypt
written by Decrypt 0 comments
Bitcoin Giant Strategy Records $12.4 Billion Q4 Loss as MSTR Shares Hit 18-Month Low

In brief

  • Strategy reported a fourth-quarter loss of $12.4 billion.
  • The company’s stock price fell to its lowest point in 18 months.
  • Bitcoin slipped below Strategy’s average purchase price this week.

Strategy announced fourth-quarter earnings against a precarious backdrop on Thursday, with losses mounting on paper for the Bitcoin-buying firm amid the asset’s latest slide.

With Bitcoin trading around $63,000, the company faces an unrealized loss of nearly $9 billion on its holdings, which were valued…

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