Michael Saylor’s Strategy used its Q4 earnings call to double down on its ‘all-in’ Bitcoin plan. The timing matters, as the ongoing Bitcoin crash has pushed BTC USD below Saylor’s average buy price of $76,000.

Overnight, the Bitcoin price fell by more than 14%, briefly touching $60,250, but it has since rallied slightly and now trades at $65,000. Saylor and Strategy, along with the rest of the crypto market participants, will be hoping that the bottom is in and

The long-term future of Strategy is uncertain, but the firm seems confident it can stay afloat amid a brutal market downturn. MSTR shares closed yesterdays trading session down -17%, marking yet another issue for Saylor to deal with as investor confidence dwindles.

As for the rest of us in the market, the Fear and Greed Index just hit 9 and briefly went to 4, levels not seen since the COVID crash in March 2020.

Crypto Fear and Greed Chart

All time 1y 1m 1w 24h

What do Strategy’s Q4 Earnings Report Say and How is it Affected by the Ongoing Bitcoin Crash?

On Thursday, Michael Saylor’s Bitcoin treasury firm Strategy (Nasdaq: MSTR) reported its fourth-quarter earnings amid a precarious backdrop, as BTC fell to $60,200 amid a sharp market-wide downturn.

The company reported a $12.4Bn net loss for the final quarter of the 2025 fiscal year, and is facing an unrealized loss of nearly $9Bn on its 713,502 bitcoins, currently valued at $45.4Bn. The software developer-turned-digital asset treasury firm also suffered a $7.5Bn paper loss as BTC price dropped well below its average cost basis of $76,000 per coin this week.

Even amid one of the most brutal crypto downturns in recent history, Saylor, Strategy CEO Phong Le, and chief financial officer Andrew Kang all doubled down, telling investors that the firm is in the bitcoin accumulation game for the long term.

During the earnings call, Kang said, “It’s important to emphasize that our strategy is built for the long term. It’s built to withstand short-term price volatility, even short-term extreme conditions like we’re seeing today, and importantly, even in a volatile environment, we continue to execute.”

The ongoing Bitcoin crash hasn't deterred Michael Saylor and his Strategy firm, as its Q4 earnings revealed some shocking data

(SOURCE: Yahoo Finance)

DISCOVER: 10+ Next Crypto to 100X In 2026

What Next for BTC USD Following Crypto Crash as BlackRock Dumped $175M Bitcoin in One Day

Right now, the Bitcoin price is in a precarious position. It has broken through more than one multi-year support level with its drop to $60,000, resulting in over $2.6Bn in liquidations in the past 24 hours alone.

The only positive at the moment is that $60,000 is held overnight, and BTC USD is back trading above $65,000 for now. There is no reason to believe a huge pump will be coming anytime soon, but for now, holding here between $60,000 and $70,000 is the main priority.

Keep an eye on Bitcoin ETFs as they are painting a very clear picture right now. The last two days alone have seen just shy of $1Bn in BTC ETF outflows, with BlackRock accounting for most of it, with $550M leaving its IBIT fund between February 4 and 5.

This signals a risk-off appetite among institutional investors, and until those flows stabilize, there is concern that further downside could be on the way.

The ongoing Bitcoin crash hasn't deterred Michael Saylor and his Strategy firm, as its Q4 earnings revealed some shocking data

(SOURCE: CoinGlass)

BONUS: Bitcoin Hyper (HYPER) Emerges as the SAFU Play Amid the Ongoing Crypto Crash

Amid sustained market drawdowns and the overnight Bitcoin crash, which briefly sent it to $60,200, Bitcoin Hyper (HYPER) positions itself as a structurally resilient presale opportunity rooted in measurable tech fundamentals.

Put simply, this is a blue-chip utility project still in the presale phase and, as such, not being slammed by current market conditions. $31.2M in funding backs up these claims.

Bitcoin Hyper is a next-generation protocol that builds a Layer-2-optimized settlement network for Bitcoin’s core layer, using the Solana Virtual Machine (SVM), combining Solana’s speed and low fees with Bitcoin’s trust and bedded-in security.

By doing so, HYPER will unlock billions of dollars in untapped liquidity on the Bitcoin network, bringing DeFi, GameFi, AI Agents, and more to the world’s largest digital asset.

With crypto prices currently in freefall, Bitcoin Hyper is a safe place to park funds, as its presale uses a timer-based price stage model. Once that timer hits zero, the previous price increases, and anyone in before locks in profits instantly.

Head to the Bitcoin Hyper website to learn more. When buying, you can use SOL, ETH, USDT, USDC, BNB, or a credit card.

Bitcoin Hyper recommends connecting using Best Wallet, recognized as the best crypto and Bitcoin wallet in the market today. HYPER is already listed in Best Wallet’s “Upcoming Tokens” section, making it easy to buy, track, and claim once the token is live.

Join the Bitcoin Hyper community today on Telegram and X to stay up to date on all things HYPER.

Visit HYPER Here

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Alex Ioannou
Alex Ioannou
On-Chain Journalist

Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More

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