MicroStrategy Posts $12.4 Billion Net Loss in Q4 2025 as Bitcoin Price Declines

MicroStrategy Posts $12.4 Billion Net Loss in Q4 2025 as Bitcoin Price Declines

MicroStrategy’s $12.4 billion net loss follows a drop in Bitcoin’s value, marking a continued financial impact for the company’s large-scale BTC holdings.

BTC

Fact Check
The assessment that the statement is likely true is based on a convergence of high-authority evidence with no contradictions. The most definitive piece of evidence is the primary source from MicroStrategy itself, an official press release that directly states a net loss of $12.4 billion for Q4 2025. This claim is independently and consistently corroborated by multiple reputable secondary sources, including financial news publications like TheStreet and financial data platforms like TipRanks and Coinspeaker, all of which cite the company's official announcement. Additional sources reinforce the verifiability of the claim by pointing to official SEC filings. The two sources concerning an unrelated company, Novo Nordisk, are correctly identified as irrelevant and do not impact the assessment. The complete lack of conflicting information across all relevant sources, combined with the strength and consistency of the primary and secondary evidence, leads to a high confidence conclusion that the statement is true.
Summary

MicroStrategy reported a $12.4 billion net loss for Q4 2025, driven by a Bitcoin price decline from $120,000 to $89,000. The company still holds 713,502 BTC worth $54.26 billion, generating a 22.8% annual yield. Despite the loss, the firm retains $2.25 billion in cash reserves. The firm's shares dropped 17% before partially recovering after hours.

Terms & Concepts
  • Bitcoin (BTC): The first decentralized cryptocurrency, operating on a peer-to-peer blockchain network without a central authority.
  • Annual Bitcoin yield: The annual percentage return generated from holding Bitcoin, typically reflecting its appreciation in value or interest earned from specific Bitcoin investment strategies.