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Strategy Inc, (MSTR) Swings to a Loss in Q4 due to Mark-to-Market Bitcoin Losses

Strategy Inc (NASDAQ:MSTR) is one of the 13 High-Risk High-Reward Growth Stocks to Invest In.

On February 5, MSTR released its Q4-2025 earnings report, which delivered mixed results relative to analyst expectations. Revenue grew 1.9% YoY to $123.0 million (vs. street consensus of $118.5 million). Operating losses, meanwhile, reached $17.4 billion (vs. $1.0 billion in the prior year). On an after-tax basis, this operating loss translates to $12.4 billion in net losses (vs. $670.8 million in the prior year), yielding a loss per share of $42.93 (vs. $3.03 in the prior year).

Revenue was driven by strong growth in the subscription services and product licenses segments, which grew 62.1% YoY (to $51.8 million) and 26.3% YoY (to $59.6 million), respectively. Product support, however, was a drag, falling 16.9% YoY to $48.5 million. Other service revenues also fell slightly, by 1.8% YoY, to $14.9 million.

As for operating losses, the main drag was Bitcoin mark-to-market losses, which totaled $17.4 billion as Bitcoin prices fell 23.3% to $87,509 (from $114,056) during the quarter. Despite the unrealized losses from Bitcoin, the company continued to increase its stockpile, which has now reached 713,502 bitcoins at a cost basis of $54.26 billion (at an average cost of $76,052) as of February 1.

Strategy Inc. (NASDAQ:MSTR) is a publicly traded U.S. technology and Bitcoin treasury company that offers AI‑powered enterprise analytics software while holding Bitcoin as its primary treasury asset, providing investors with diversified exposure and business intelligence solutions. It rebranded from MicroStrategy in 2025.

While we acknowledge the risk and potential of MSTR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MSTR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 12 Best Cheap Stocks to Buy Right Now and Cathie Wood’s Stock Portfolio: Top 10 Stocks to Buy.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

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