---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-011709"
form_type: "8-K"
ticker: "MSTR"
cik: "0001050446"
company_name: "Strategy Inc"
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T07:40:34.428460+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MicroStrategy Q4 net income $89.1M vs loss $249.7M; bitcoin holdings hit 190,000

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-011709
- form_type: 8-K
- ticker: MSTR
- cik: 0001050446
- company_name: Strategy Inc
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050446/000095017024011709/0000950170-24-011709-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050446/000095017024011709/mstr-20240206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-011709
- JSON: https://secwatch.observer/filing/0000950170-24-011709.json
- Plain text: https://secwatch.observer/filing/0000950170-24-011709.txt

## Key facts
- Earnings Releases
  Strategy Inc reported the three-month period ended December 31, 2023 results: revenue $124.5 million, net income Net income for the fourth quarter of 2023 was $89.1 million, or $4.96 per share on a diluted basis, EPS $4.96 per share on a diluted basis.
  - Period: the three-month period ended December 31, 2023
  - Revenue: $124.5 million
  - Net income: Net income for the fourth quarter of 2023 was $89.1 million, or $4.96 per share on a diluted basis
  - EPS: $4.96 per share on a diluted basis
  - Result: reported results
  source text: of Q3 for $1.25 billion, or $39,411 per bitcoin • 190,000 bitcoin holdings at a total cost of $5.93 billion, or $31,224 per bitcoin, as of February 5, 2024 • Total Revenues of $124.5 million, down 6% year-over-year • Subscription Services Revenues of $21.5 million, up 23% year-over-year TYSONS CORNER, Va., February 6, 2024 - MicroStrategy ® Incorporated (Nasdaq:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1050446/000095017024011709/0000950170-24-011709-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.