Bitcoin treasury company Strategy reported its Q4 2025 earnings, posting a net loss of $12.4 billion, impacted by a roughly 22% drop in Bitcoin's price during the quarter. Despite this, the company's revenue increased by 1.9% year-over-year to $123 million, primarily driven by its business intelligence business. Bitcoin's further decline to $62,500 resulted in a floating loss of approximately 17.5% on Strategy's 713,502 Bitcoin holdings, and the stock price closed down 17% that day. Management stated that the company has $2.25 billion in cash reserves and no significant debt maturing before 2027, indicating a resilient financial structure. (Cointelegraph)