MSTR Q4 loss swells more than expected on $1B bitcoin impairment (MSTR:NASDAQ)

MicroStrategy (NASDAQ:MSTR), which earlier on Wednesday rebranded as Strategy, posted a larger-than-expected loss for the last quarter of 2024 as the Michael Saylor-founded company beefed up its bitcoin-buying pace while recording a higher impairment loss.

Some $20B of its $42B