MicroStrategy reports $12.44B net loss in Q4 2025
MicroStrategy holds 713,502 bitcoins with a $54.26B cost basis.
The company reported a $12.44B net loss in Q4 2025 from unrealized digital asset losses.
MicroStrategy’s stock is down 60% over the past year to $159.89. A breakdown below the 200-day moving average could push Bitcoin to $40K or lower.