TechFlow news, on February 6, according to TheBlock, Strategy (formerly MicroStrategy) released its Q4 2024 financial results. The report showed a net loss of $670.8 million for the quarter, or $3.03 per diluted share, with total revenue reaching $120.7 million, down 3% year-on-year. As of December 31, 2024, the company held $38.1 million in cash and cash equivalents.
Notably, the company achieved the largest quarterly increase in Bitcoin holdings in its history, purchasing 218,887 bitcoins worth $20.5 billion during the quarter. Strategy now holds 471,107 bitcoins, with a market value of approximately $44 billion.
Worth noting, the company has introduced a new annual key performance indicator, "BTC $ Gain," and has set a target of $10 billion for 2025.
