Recently rebranded from MicroStrategy, the company now known as Strategy reported a $670.8 million net loss in the last quarter of the year.
Despite this, the company continued its aggressive Bitcoin
$96,764.28
purchases, adding 218,887 BTC to its holdings.
According to Strategy’s Q4 2024 Financial Results, the company generated $120.7 million in revenue for the quarter, which reflects a 3% drop from the same period last year. This figure also came in about $2 million below analyst predictions.
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The company also introduced new performance measures. Its “BTC Yield” metric, which compares Bitcoin holdings to outstanding diluted shares, stood at 74.3% in 2024. However, it plans to lower this target to 15% for 2025.
Additionally, Strategy introduced “BTC Gain” and “BTC $ Gain” to better assess its financial position. BTC Gain measures the increase in Bitcoin holdings based on past performance, while BTC $ Gain reflects the dollar value of that change.
Meanwhile, the company’s spending rose, reaching $1.1 billion—a nearly 700% increase from the previous year. This surge was tied to its “21/21 Plan,” which aims to raise $42 billion over three years to fund further Bitcoin purchases through equity and fixed-income investments.
Strategy has completed $20 billion of this plan, mostly using convertible debt and other financing methods to fuel its Bitcoin purchases. CEO Phong Le stated that the company is progressing ahead of schedule and believes strong backing from institutional and retail investors will help further its goals.
Meanwhile, Tesla recently released its fourth-quarter and fiscal year 2024 update, revealing a surprise in its Bitcoin holdings. What is it? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
