MicroStrategy Q4 financial report: Net loss of US$670.8 million, buying more than 210,000 BTC

Reprinted from panewslab
02/06/2025·21DPANews reported on February 6 that MicroStrategy (now "Strategy") announced its fourth-quarter financial results, with its Bitcoin holdings nearly doubled. Operating expenses for the quarter reached US$1.103 billion, a year-on-year increase of 693%. The company reported a net loss of $670.8 million, with total revenue of $120.7 million, about $3 million lower than generally expected and a 3% decrease from last year. As of December 31, 2024, the company's cash and cash equivalents were $38.1 million, down from $46.8 million in the same period last year.
Strategy currently holds 471,107 Bitcoins with a market capitalization of approximately US$44 billion. The fourth quarter was the company's largest increase in Bitcoin holdings in the quarter, eventually acquiring 218,887 BTC for $20.5 billion. The company reported a BTC yield so far this year is 74.3%.