MSTR, a leveraged Bitcoin proxy, reports $12 billion loss. The Wall Street Journal reports Bitcoin Booster’s $12 Billion Loss Headlines Crypto’s Worst Day Since 2022 Crash Bitcoin tumbled to $63,596.56 at 4 p.m. Eastern time, sliding 13% during its worst 24-hour trading period since June 2022. Minutes later, Michael Saylor’s Strategy said crypto’s late-2025 swoon had left the bitcoin-stockpiling company with a staggering paper loss in the fourth quarter. Strategy’s fourth-quarter net loss widened to $12.4 billion, or $42.93 a share, from $670.8 million, or $3.03 per share, a year earlier. In the most-recent period, ... (full story)