Strategy Inc (MSTR) stock jumps after fresh bitcoin buy, flags $17.4 billion Q4 paper loss
Strategy Inc shares climbed 5.5% to $165.84 after the company disclosed it bought 1,283 bitcoin for $116 million in early January, funded by new stock sales. A filing showed a preliminary $17.44 billion fourth-quarter unrealized loss on digital assets and a $2.25 billion USD reserve. Bitcoin rose 2.9% to $93,885.