Strategy, formerly known as MicroStrategy, posted a net loss of $670.8 million in the fourth quarter after acquiring 218,887 more Bitcoin.
Despite generating $120.7 million in revenue, down 3% from a year earlier, the company missed analyst estimates by $2 million.
Fourth-quarter expenses rose 700% year-over-year, totaling $1.1 billion.
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This was due to the implementation of its "21/21 Plan," which aims to acquire $42 billion in capital over the next three years through a combination of equities and fixed income securities to buy more Bitcoin.
The company disclosed that they have already secured $20 billion of the $42 billion capital plan.