Strategy, formerly known as MicroStrategy, reported a net loss of $670.8 million for the fourth quarter, despite accumulating an additional 218,887 Bitcoin. The company generated $120.7 million in revenue, reflecting a 3% decline year-on-year. Expenses surged nearly 700% to $1.1 billion as part of its ambitious '21/21 Plan,' aiming for $42 billion in capital over three years to fund Bitcoin acquisitions. Strategy has already completed $20 billion of this plan, financing primarily through debt. CEO Phong Le stated the firm is ahead of schedule and poised to enhance shareholder value through robust institutional and retail support. Currently, Strategy holds over $45 billion in Bitcoin, making it the largest corporate holder of the asset. The firm introduced new key performance indicators, including 'BTC Yield' and 'BTC Gain,' to signify its financial health. Following the rebranding, Strategy will continue to provide business intelligence services. The company's stock (MSTR) fell 3.3% during trading on the day of the announcement, and an additional 0.72% in after-hours trading.

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