Strategy material events

Strategy MSTRBusiness

Strategy reports a $12.4 billion Q4 2025 net loss and a $17.4 billion operating loss

Filed Feb 5, 2026Original

An 8-K is the report a US listed company files within four business days of a material event.

What the company reported

  • Net loss for the fourth quarter of 2025 was $12.4 billion, or $42.93 per diluted common share.
  • Operating loss was $17.4 billion, which includes a $17.4 billion unrealized loss on digital assets.
  • Fourth quarter revenues were $123.0 million, a 1.9% increase from the same quarter a year earlier.
  • For STRC stock, a monthly VWAP below $95.00 now leads to a proposed dividend rate increase of 50 basis points or more.

Items reported

  • 2.02 Results
  • 7.01 Investor presentation
  • 8.01 Other events
  • 9.01 Exhibits

The company's own filing, put into Korean. The numbers are the filing's.