earnings
confidence high
sentiment positive
materiality 0.75
MicroStrategy Q4 net income $89.1M vs loss $249.7M; bitcoin holdings hit 190,000
Strategy Inc
2023-FY EPS reported
$26.42
revenue$496,261,000
- Total revenues $124.5M, down 6% YoY; subscription services revenue up 23% to $21.5M.
- Net income $89.1M ($4.96 diluted EPS) vs net loss $249.7M ($21.93 loss per share) in Q4 2022.
- Held 190,000 bitcoins as of Feb 5, 2024; acquired 31,755 in Q4 at avg $39,411 per BTC.
- Total bitcoin cost basis $5.93B, avg $31,224 per BTC; carrying value $3.626B after impairment.
- Raised ~$1.2B net proceeds from ATM equity offerings during Q4, with $137.8M remaining.