Strategy Reports Record Net Loss Due to Bitcoin Accounting Treatment, Reiterates Long-Term Commitment to Holding the Cryptocurrency and Announces New Security Initiative to Address Emerging Risks.

Strategy reported a $12.4 billion net loss in Q4 and $3.8 billion for the full year, primarily due to unrealized Bitcoin mark-to-market losses. The company highlighted that the loss stems from accounting treatment rather than cash outflows and reiterated a long-term commitment to holding Bitcoin. Strategy also announced a Bitcoin security initiative aimed at emerging risks, including quantum computing threats. The investment case will focus on managing the dual identity of the company as an operating business and a large Bitcoin holder.