MicroStrategy, now known as Strategy, reported a fourth consecutive quarterly loss, revealing a net loss of $670 million for the period. The company's earnings report, released after market hours, indicated a revenue of $120.7 million, which represents a 3% decline year-over-year and fell short of analyst expectations by $2.03 million. Additionally, the earnings per share (EPS) was reported at -$3.20, missing estimates by $3.26. The company also faced a $1 billion impairment charge against its Bitcoin holdings, which currently stand at 471,000 BTC. The decline in Bitcoin's value to $92,000 has significantly impacted the company's financial outlook, as expenses continue to rise beyond $1 billion.