MicroStrategy’s Bitcoin Bet Takes Quarterly Loss

Bitcoin treasury firm MicroStrategy Inc., led by Michael Saylor, reported a fourth consecutive quarterly loss as it took a $1 billion impairment charge against its Bitcoin holdings. The company, which changed its name from MicroStrategy earlier this year, posted a net loss of $670.8 million and $3.03 per share. Its software revenue fell 3% to $120.7 million in the latest quarter.

Source: https://www.bloomberg.com/news/articles/2025-02-05/michael-saylor-s-strategy-has-another-loss-before-accounting-shift-kicks-in