Strategy Records $17.44B Q4 Unrealized Bitcoin Loss but Expands Holdings Into Early January 2026

Strategy, the Bitcoin-focused public company, reported a $17.44B unrealized loss on digital assets for the quarter ended Dec. 31, 2025, alongside a $5.01B deferred tax benefit and a $5.40B full-year unrealized loss. Despite the Q4 hit, the firm's filing showed it continued buying BTC into early January 2026, taking total holdings to 673,783 BTC while funding purchases through at-the-market stock sales and maintaining a $2.25B US dollar reserve.