MSTR - SAYLOR’S STRATEGY TAKES $17.4B Q4 HIT Strategy Inc., led by Michael Saylor, posted a $17.44 billion unrealized loss as Bitcoin’s value dropped. Shares have fallen nearly 70% from their 2024 peak, raising concerns about the sustainability of its Bitcoin-heavy corporate-treasury model. The company sold shares in December to build a cash reserve amid declining investor confidence.(*Walter Bloomberg)