Strategy Q4 Earnings Call Highlights

Kang said Strategy continued to buy Bitcoin during the fourth quarter, purchasing 32,470 Bitcoin for approximately $3.1 billion . He also pointed to the volatility of quarter-to-quarter moves, noting that at the end of the third quarter the market value of Strategy’s Bitcoin position was about $73.2 billion based on a roughly $114,000 Bitcoin price, before Q4’s price decline drove an unrealized fair value loss of $17.4 billion .For the fourth quarter, Kang reported an operating loss of $17.4 billion and a n ...