MicroStrategy在2025年第四季度录得126亿美元净亏损，源于比特币价值下跌

The assessment is based on overwhelming and consistent evidence from multiple high-authority sources. The two primary sources, which are MicroStrategy's official press release on its corporate website and the same release distributed via the reputable newswire service Business Wire, both explicitly state that the company reported a $12.4 billion net loss for Q4 2025. This primary information is independently and consistently corroborated by several reputable secondary sources, including financial news publications like TheStreet, TipRanks, and Coinspeaker, all of which report the identical net loss figure. There is no conflicting or contradictory evidence among any of the provided sources. Sources that do not confirm the figure are irrelevant as they were published prior to the earnings announcement (e.g., Yahoo Finance, MarketBeat) and discussed expectations rather than actual results. The perfect alignment between the company's own announcement and subsequent media reporting provides a high degree of confidence in the statement's truthfulness.