MicroStrategy, now ‘Strategy,’ records $670M net loss in Q4 📉
MicroStrategy, rebranding itself as 'Strategy,' recently disclosed a significant net loss of $670 million for the fourth quarter. This announcement comes amidst the company's bold decision to acquire an additional 218,887 Bitcoins, showcasing its unwavering commitment to cryptocurrency investments.
This marks the most aggressive acquisition phase for the company to date, reflecting its strategic focus on amassing Bitcoin despite the financial loss.
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