Why did MSTR report a $12.4 billion Q4 loss?

Under fair value rules, the company must mark its Bitcoin holdings to market each quarter. As Bitcoin slid toward $64,000 into the report, it recognized large non-cash losses on the stack, which totaled $12.4 billion for Q4. Core software operations were secondary in the headline figure.

Is MSTR stock today a buy after the drop?

It depends on your risk tolerance. MSTR is a high-beta proxy for Bitcoin. If you expect Bitcoin to recover above key levels and can manage volatility, a staggered approach may fit. If you prefer steadier tracking, consider spot Bitcoin products instead of equity-linked exposure.

How does a bitcoin price drop hit MSTR versus a BTC fund?

MSTR stock today can swing more than Bitcoin because equity prices reflect leverage, sentiment, and premium or discount to net asset value. A spot Bitcoin fund usually tracks the coin more closely and may carry lower equity-specific risks, though both remain sensitive to crypto direction.

How can investors in India access MSTR and manage currency risk?

Use international brokers or NSE IFSC channels that offer US stocks. Your returns are in USD, so INR results depend on USD/INR at entry and exit. Plan for funding, fees, and taxes. If you want Bitcoin exposure without equity beta, compare available spot products and their total costs.

Global Market Insights

MSTR Stock Today: $12.4B Q4 Loss Tests Saylor’s Bitcoin Strategy – February 6

ByHuzaifa Zahoor February 6, 2026February 6, 2026

MSTR stock today is under pressure after Strategy Inc, widely known for MicroStrategy, reported a $12.4 billion Q4 loss tied to fair-value Bitcoin write-downs. With Bitcoin (BTCUSD) near $64,000 into 6 February IST, the market questioned Michael Saylor’s “never sell” approach. The company holds 713,502 BTC at a $76,052 average cost and $2.25 billion in cash. Shares fell roughly 17% ahead of the earnings call. We break down MicroStrategy earnings, the bitcoin price drop, and what this means for Indian investors seeking crypto-linked equity exposure.