Microstrategy re -“strategy” after publishing a loss of Bitcoin’s weakness of $ 670 million
Microstrategy, now known as the “Strategy”, has reported an amazing loss of $ 670 million in the fourth quarter, especially from Bitcoin. However, despite the blow, it continues to collect BTC, believing with a long -term value.
Microstrategy has officially Rename Castle. The brand was renamed on February 5, with a new logo that includes “B”, which reflects its identity as the largest in the world in Bitcoin.
This step coincides with the fourth consecutive loss of the company and a greater focus on bitcoin (BTC) Accumulation.
The latest profits a report,, On February 5, a net loss of $ 670.8 million for the fourth quarter of 2024, and translated into $ 3.03 per share. A year ago, the company told a profit of $ 89.1 million, or 50 cents per share.
The losses were largely driven by twice 1.01 billion on bitcoin’s possessions, with a sharp increase of $ 39.2 million in the same quarter of last year.
However, this will be the last time that these weaknesses have influenced profits, as the company is scheduled to adopt new accounting rules of fair value that start in the first quarter of 2025.
The new approach, presented by the Financial Stability Accounting Council, will allow the strategy to reflect the actual market value of Bitcoin in its financial statements, which may reduce fluctuations in the profits reported.
Despite these financial setbacks, the strategy continues to expand Bitcoin strongly. In the fourth quarter alone, the company bought Bitcoin ever, as it got 218,887 BTC for $ 20.5 billion.
To this writing, the strategy He carries 471,107 BTC, approximately $ 46 billion. Delay addition She came to her wardrobe on January 27, when she bought 10,107 BTC for about $ 1.1 billion.
Bitcoin Buying Proter helped from the strategy in the shares gathering over the past year, as the stock climbed nearly five times in 2024 and the company acquired a place in the NASDAQ 100 index in December.
However, investor morale about the last profits was less enthusiastic. On February 5 /
The company also transfers its approach to financing its strategy in Bitcoin. In 2025, the CEO of Phon League stated, the strategy will focus more on fixed income financing, including convertible bonds and favorite stocks.
Last year, the company set an ambitious goal Lift $ 42 billion over three years to provide bitcoin acquisition, with $ 20 billion in already guaranteed.
Meanwhile, there was a slight modification of how the company acquired Bitcoin. On February 3, CEO Michael Sailor Declare This, for the first time in 12 consecutive weeks, the strategy did not sell any shares to finance the bitcoin purchases between January 27 and February 2.
While this represents a temporary departure from its usual approach, the company is still committed to increasing its bitcoin reserves over time.
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2025-02-06 07:17:00