Strategy Reports $17.4 Billion Unrealized Loss on Digital Assets (crypto-based assets) in the Fourth Quarter
According to a January 5 8-K (corporate disclosure report), Strategy reported a $17.4 billion unrealized loss on digital assets (crypto-based assets) for the fourth quarter.
Summary
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Terms & Concepts
Unrealized loss: A decline in asset value not yet realized through a sale; reflects paper losses.
Digital asset: An electronically recorded, cryptography-based asset such as a cryptocurrency.
8-K filing: A corporate current report used to disclose significant events.