MicroStrategy Q4 Financial Report: Net Loss of $670.8 Million, Purchased Over 210,000 BTC
ChainCatcher news, according to The Block, MicroStrategy (now "Strategy") has announced its fourth-quarter financial results, with its Bitcoin holdings nearly doubling. Operating expenses for the quarter reached $1.103 billion, a year-over-year increase of 693%. The company reported a net loss of $670.8 million, with total revenue of $120.7 million, approximately $3 million below general expectations and a 3% decline from last year. As of December 31, 2024, the company's cash and cash equivalents stood at $38.1 million, down from $46.8 million in the same period last year.Strategy currently holds 471,107 Bitcoins, valued at approximately $4.4 billion. The fourth quarter saw the largest quarterly increase in the company's Bitcoin holdings, ultimately acquiring 218,887 BTC for $20.5 billion. The company reported a BTC yield of 74.3% year-to-date.Additionally, Strategy announced another new KPI, the annual "BTC Yield" and "BTC Dollar Yield," with the 2025 annual "BTC Dollar Yield" target set at $10 billion.