Strategy faces an unrealized loss of $17.44 billion in Q4 2025 According to *Walter Bloomberg, Strategy Inc., led by Michael Saylor, announced that due to the drop in Bitcoin prices, the company recorded an unrealized loss of $17.44 billion in the fourth quarter. Its stock price has fallen nearly 70% from its 2024 peak, raising concerns about the sustainability of its Bitcoin-focused corporate financial model. The company sold shares last December to build cash reserves amid declining investor confidence.