{
  "$type": "site.standard.document",
  "bskyPostRef": {
    "cid": "bafyreidyzd3nqyjg5uub242q4olot4avg4ppikxktrv37zychbztbuinum",
    "uri": "at://did:plc:o7x3aaueo7gbdj5s6ywwl7sl/app.bsky.feed.post/3mednfcuehoz2"
  },
  "coverImage": {
    "$type": "blob",
    "ref": {
      "$link": "bafkreihp6flgtjrkllgzzexyyotoxofbhjt6g6ue7bsyc4e6htdofgpvra"
    },
    "mimeType": "image/png",
    "size": 337031
  },
  "path": "/strategy-mstr-q4-loss-bitcoin/?utm_source=rss&utm_medium=rss&utm_campaign=strategy-mstr-q4-loss-bitcoin",
  "publishedAt": "2026-02-07T16:27:00.000Z",
  "site": "https://thedeepdive.ca",
  "tags": [
    "Crypto",
    "Latest",
    "bitcoin",
    "Strategy",
    "Why Strategy’s $12B Loss Looks Worse Than The Headlines",
    "the deep dive"
  ],
  "textContent": "\n\nStrategy (NASDAQ: MSTR) just printed an unusually large Q4 2025 loss stack, with results dominated by mark-to-market treatment on digital assets. The company reported an operating loss of $17.4 billion for Q4 2025, versus an operating loss of $1.0 billion in Q4 2024. Management attributed the Q4 2025 operating loss to an unrealized loss on […]\n\nThe post Why Strategy’s $12B Loss Looks Worse Than The Headlines appeared first on the deep dive.",
  "title": "Why Strategy’s $12B Loss Looks Worse Than The Headlines"
}