Strategy reported a significant net loss in Q4 2024, primarily due to substantial investments in Bitcoin acquisitions, increasing its holdings to 471,107 BTC.
MicroStrategy Incorporated announced its Q3 2024 financial results, highlighting a transformational quarter with $2.1 billion raised in equity and debt. The company increased its bitcoin holdings by 11% during the quarter and achieved a year-to-date BTC Yield of 17.8%. However, total revenues decreased by 10.3% year-over-year, and the company reported a net loss of $340.2 million.
MicroStrategy announced its Q2 2024 financial results, highlighting a successful quarter for its Bitcoin strategy, with 226,500 bitcoins held and a market value significantly higher than the cost basis. The company also saw strong growth in subscription revenue and subscription billings.
MicroStrategy reported a decrease in total revenues by 5% year-over-year, but subscription services revenues increased by 22% year-over-year. The company holds 214,400 bitcoins with an average purchase price of $35,180 per bitcoin.
MicroStrategy reported a decrease in total revenues but an increase in subscription service revenues for Q4 2023. The company strategically increased its bitcoin holdings and launched MicroStrategy AI.
MicroStrategy Incorporated reported a decrease in total revenues by 1.5% to $132.6 million in Q4 2022, but achieved total revenue growth on a constant currency basis. They increased their bitcoin holdings to 132,500. The net loss for the quarter was $249.7 million, or $21.93 per share.
MicroStrategy's total revenues for Q4 2021 were $134.5 million, a 2.4% increase compared to Q4 2020. The company's net loss for the quarter was $90.0 million, or $8.43 per share on a diluted basis, compared to a net income of $2.7 million, or $0.27 per share on a diluted basis, for Q4 2020.
MicroStrategy reported a decrease in total revenues for Q4 2020, but experienced an increase in gross profit margin. The company's operating expenses increased due to impairment losses on digital assets. MicroStrategy continued its strategy of investing in Bitcoin, acquiring additional bitcoins during the quarter.
MicroStrategy reported a revenue of $133.5 million, a 1.2% increase compared to Q4 2018. Net income for the quarter was $12.2 million, or $1.18 per share on a diluted basis, compared to a net income of $3.3 million, or $0.30 per share on a diluted basis, for the fourth quarter of 2018.