Strategy has reported a substantial loss of $12.4 billion for the fourth quarter, primarily attributed to the significant decline in the price of Bitcoin, which has affected its overall financial performance and investment value in the cryptocurrency market. This downturn in Bitcoin's value has led to severe implications for the company's revenue and profitability, highlighting the volatility and risks associated with investing in digital currencies.
source: https://www.coindesk.com/markets/2026/02/05/strategy-posts-q4-loss-of-usd12-4-billion-on-tumbling-bitcoin-price