Strategy (MicroStrategy) Reports Q4 GAAP Loss of $3.03 Per Share, BTC Holdings of 471,107 Tokens

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Strategy (MSTR) reported a fourth-quarter net loss of $3.03 per share, compared to income of $0.50 per share a year earlier.

The loss incurred as the company took an impairment charge on its 471,107 token bitcoin (BTC) holdings.

It’s been an extremely eventful week for Strategy prior to the earnings, including an upsizing in the company’s preferred stock offering and a name change just hours ago.

The firm recently ended a long string of bitcoin purchases and currently holds 471,107 tokens worth roughly $45 billion.

The Financial Stability Accounting Board (FASB) last year implemented a new fair value accounting rule for corporates holding digital assets. Use of the rule was voluntary through the end of 2024, but will be required beginning in the first quarter of this year.

Shares are down marginally in after hours action. They fell a bit more than 3% in regular trade today as bitcoin dipped to the $97,000 level.