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flag Business firm Strategy, formerly MicroStrategy, doubles down on Bitcoin despite a $670.8M loss.

flag Business intelligence firm MicroStrategy has rebranded as Strategy, emphasizing its focus on Bitcoin. flag The company, led by Michael Saylor, now holds over 470,000 bitcoins, worth about $46 billion. flag Strategy reported a fourth-quarter net loss of $670.8 million, including a $1 billion impairment charge on Bitcoin holdings. flag The firm's revenue fell 3% to $120.7 million, missing estimates. flag 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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