The post Strategy Posts $12.6B Quarterly Loss as Bitcoin Crash Wipes Out Paper Gains appeared first on Coinpedia Fintech News
Strategy, formerly known as MicroStrategy, has reported a staggering fourth-quarter net loss of roughly $12.6 billion, ranking among the largest quarterly losses ever recorded by a U.S. public company. The hit was driven almost entirely by unrealized losses on its Bitcoin holdings, underscoring how deeply the firm’s balance sheet is tied to crypto market movements …