earnings
confidence high
sentiment negative
materiality 0.90
Strategy Inc reports Q4 2025 $17.44B unrealized loss on digital assets and BTC holdings update
Strategy Inc
2025-FY EPS reported
-$15.23
revenue$477,233,000
- Strategy sold 1,255,911 MSTR shares (Dec 29-31) for $195.9M and 735,000 shares (Jan 1-4) for $116.3M via ATM.
- Acquired 3 BTC at avg $88,210 (Dec 29-31) and 1,283 BTC at avg $90,391 (Jan 1-4); total BTC holdings now 673,783.
- Q4 2025 unrealized loss on digital assets was $17.44B with $5.01B deferred tax benefit; carrying value at Dec 31: $58.85B.
- USD Reserve balance as of Jan 4, 2026 was $2.25B to support preferred stock dividends and debt interest.