Strategy, previously known as MicroStrategy, has unveiled its Q4 2024 financial results alongside the launch of its new website. As the world’s largest corporate holder of Bitcoin, Strategy now owns 471,107 BTC, with a market value of approximately $41.8 billion.
The company has seen significant progress, acquiring 218,887 BTC in Q4 for $20.5 billion. This reflects a strong performance in digital asset acquisition, a key component of their growth strategy.
CEO of Strategy, Phong Le, emphasized that the company is leading the digital transformation of capital in financial markets:
Strategy is at the cutting edge of innovation, championing the two most transformative technologies of the 21st century: Bitcoin and AI. We have completed $20 billion of our $42 billion capital plan, significantly ahead of our initial timelines, while leading the digital transformation of capital in the financial markets.
In the fourth quarter, the company also significantly increased its bitcoin holdings and raised $584 million through the launch of its inaugural STRK convertible preferred offering. Strategy is preparing for further financial transformation by introducing the BTC $ Gain KPI and fair value accounting for bitcoin holdings.
Strategy sets 2025 BTC yield target and financial goals
The company’s BTC Yield in 2024 was 74.3%, exceeding its target. For 2025, Strategy has revised its BTC Yield goal to more than 15%. The BTC Gain for 2024 was 140,538, and the target for 2025 is an annual BTC Gain of $10 billion.
The company issued 42.3 million shares in Q4 2024 regarding equity offerings, raising $15.1 billion. In early 2025, the company raised an additional $2.4 billion through further equity sales. Strategy issued 7.3 million shares of its preferred stock in January, raising $563.4 million.
Despite these gains, the company reported a net loss of $670.8 million in Q4 2024, primarily due to impairment losses on digital assets. These impairments drove operating expenses up by over 693%.
However, Strategy maintains a strong liquidity position, with $38.1 million in cash and cash equivalents as of Dec. 31, 2024. Looking ahead, the company aims to continue leveraging its innovative strategies to shape the future of digital assets, driving growth and value for its shareholders in the year ahead.
