Strategy Q4 revenue beats estimates, net loss widens

Strategy

05/02/2026 21:09

Overview

Bitcoin Treasury Company reported Q4 revenue growth, beating analyst expectations

Q4 net loss widened due to unrealized losses on digital assets

Company raised $25.3 bln in FY2025, largest US equity issuer

Outlook

Strategy expects ROC distributions to continue for ten years or more

Company plans to maintain USD Reserve for 2.5 years of dividend coverage

Strategy updates STRC dividend rate framework based on stock price

Result Drivers

BITCOIN HOLDINGS - Strategy increased its bitcoin holdings to 713,502, acquiring 41,002 bitcoins in January 2026 alone

STRC STABILITY - Variable dividend rate mechanism helped maintain STRC price stability despite weaker bitcoin prices

CAPITAL MARKETS ACTIVITY - Raised $25.3 bln in FY2025, largest US equity issuer, with focus on expanding STRC

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$122.99 mln
$118.48 mln (10 Analysts)
Q4 EPS
-$42.93
$2.97 (6 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Strategy Inc is $432.50, about 235% above its February 4 closing price of $129.09

The stock recently traded at 3 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nBwch9c2Ta

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)