secwatch.observer — SEC 8-K summary
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Issuer:     Strategy Inc (MSTR)
CIK:        0001050446
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0000950170-24-011709
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050446/000095017024011709/0000950170-24-011709-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050446/000095017024011709/mstr-20240206.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-011709

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer