The strategy (MSTR) reported a net loss of the fourth quarter of $ 3.03 per share, compared to the income of $ 0.50 per share a previous year.
The loss incurred when the company took a deterioration charge in its 471,107 Bitcoin Token (BTC) holdings. These holdings are worth more than $ 45 billion at the current price of Bitcoin just above $ 97,000.
By 2025, the strategy points to a $ 10 billion dollar gain in its Bitcoin holdings.
It has been an extremely agitated week for the strategy before profits, including a size size in the company’s favorite actions and a name change only hours ago.
The Financial Stability Accounting Board (FASB) implemented last year a new fair value accounting rule for companies that have digital assets. The use of the rule was voluntary until the end of 2024, but it will be required from the first quarter of this year.
The actions decrease marginally in action after the hours. They fell a little more than 3% in regular trade today, since Bitcoin fell to the level of $ 97,000.
