According to ChainCatcher, Bloomberg reports that Strategy may reveal significant losses in the fourth quarter of 2025, attributed to a 24% drop in Bitcoin prices. The group holds approximately $60 billion in Bitcoin assets, and this decline could result in substantial paper losses, potentially erasing the $2.8 billion profit recorded in the previous quarter.
The company's enterprise value is nearing the threshold of its Bitcoin holdings' worth, raising concerns about the possibility of needing to sell Bitcoin. To address these concerns, Strategy established cash reserves by selling common stock on December 1. Previously, Strategy anticipated an annual operating performance ranging from a $7 billion loss to a $9.5 billion profit, assuming Bitcoin traded between $85,000 and $110,000.
