Strategy Inc. Reports Q4 Net Loss of $12.4B, Raises $25.3B in Full-Year 2025

Strategy Inc. reported a Q4 net loss of $12.4 billion and completed full-year fundraising of $25.3 billion, BlockBeats reports on Feb. 5. As of Feb. 1, 2026, the company held 713,502 bitcoin at a total cost of $54.26 billion with an average price of $76,052 per coin, posted a BTC Yield of 22.8% for fiscal 2025, and recorded bitcoin holdings valued at approximately $59.75 billion as of Jan. 30. The company raised $25.3 billion in 2025, accounting for roughly 8% of total U.S. equity issuance, executed five preferred stock IPOs raising $5.5 billion, expanded its STRC digital credit products to $3.4 billion with a current dividend yield of 11.25%, and established a $2.25 billion reserve to cover approximately 2.5 years of dividends and interest. The Q4 operating loss of $17.4 billion primarily reflected unrealized fair value losses on bitcoin, translating to a diluted loss of $42.93 per share, while year-end cash and cash equivalents stood at $2.3 billion.