Policy (MSTR) reported Fourth quarter Net loss was $3.03 per share, while revenue per share was $0.50 per share.
The loss occurred due to the company’s allegations of loss for its 471,107 token Bitcoin (BTC).
It was a huge week before earnings, including listing in the company Preferred Stocks and Name change Just a few hours ago.
The company recently ended a string of bitcoin purchases and currently owns 471,107 tokens worth approximately $45 billion.
Last year, the Financial Stability Accounting Board (FASB) implemented new fair value accounting rules for companies holding digital assets. The use of the rule is voluntarily until the end of 2024, but will begin in the first quarter of this year.
