Michael Saylor's Bitcoin treasury giant Strategy Inc., is likely to report losses of billions of dollars when disclosing fourth-quarter results. This is related to the book loss of about $60 billion in Bitcoin assets it holds — a 24% drop in the fourth quarter. The company's stock price has plummeted, raising concerns in the market that it may need to sell Bitcoin to cover future costs. Furthermore, its corporate value is on the verge of falling below the value of its Bitcoin holdings. “There was a one-off profit explosion last quarter, but the situation was completely different this quarter,” said Aaron Jacob, an associate professor at Brigham Young University and senior adviser at Taxbit. “This will be a huge loss.”

Michael Saylor's Bitcoin treasury giant Strategy Inc., is likely to report losses of billions of dollars when disclosing fourth-quarter results. This is related to the book loss of about $60 billion in Bitcoin assets it holds — a 24% drop in the fourth quarter. The company's stock price has plummeted, raising concerns in the market that it may need to sell Bitcoin to cover future costs. Furthermore, its corporate value is on the verge of falling below the value of its Bitcoin holdings. “There was a one-off profit explosion last quarter, but the situation was completely different this quarter,” said Aaron Jacob, an associate professor at Brigham Young University and senior adviser at Taxbit. “This will be a huge loss.”