Strategy Inc Stock Sinks 17% as 713,502 BTC Position Shows $17.4B Unrealized Loss and $2.25B Cash Buffer

In its Q4 2025 results, Bitcoin‑focused treasury firm Strategy Inc reported a net loss of about 12.4–12.6 billion USD as BTC fell over 20% from its October high to below 88,500 USD by year‑end, dragging its 713,502 BTC stash roughly 17.4 billion USD into unrealized loss territory. The company's shares dropped 17% in after‑hours trading and are down more than 30% from late‑2025 peaks, while a 2.25 billion USD cash reserve is intended to cover around 2.5 years of dividends and interest without liquidating Bitcoin.