Strategy (formerly MicroStrategy), the software firm famously led by Michael Saylor and now a proxy for Bitcoin investment, reported a challenging fourth quarter for 2025. Due to a sharp decline in Bitcoin prices over the final three months of the year, the company posted a staggering net loss of $12.4 billion.
The World’s Largest Corporate Bitcoin Treasury
Despite the quarterly loss, Strategy continues to solidify its position as the largest public corporate holder of Bitcoin. As of February 1, 2026, the company’s holdings stand at: