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Business firm Strategy, formerly MicroStrategy, doubles down on Bitcoin despite a $670.8M loss.
Business intelligence firm MicroStrategy has rebranded as Strategy, emphasizing its focus on Bitcoin.
The company, led by Michael Saylor, now holds over 470,000 bitcoins, worth about $46 billion.
Strategy reported a fourth-quarter net loss of $670.8 million, including a $1 billion impairment charge on Bitcoin holdings.
The firm's revenue fell 3% to $120.7 million, missing estimates.
Strategy aims to raise $42 billion by 2027 for more Bitcoin purchases, with a new target of a 15% BTC yield and a $10 billion gain goal for 2025.
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Estrategia de la firma de negocios, anteriormente MicroStrategy, se duplica en Bitcoin a pesar de una pérdida de $670.8M.