According to online reports, Bitcoin strategy company Strategy (formerly known as MicroStrategy) reported a net loss of $3.03 per share for the fourth quarter of 2024, compared with earnings per share of $0.50 per share for the same period last year. The loss was incurred as a result of the company charging impairment charges for the bitcoins it held. As of December 31, 2024, Bitcoin positions were 447,470, and market expectations were 425,149. The company recently ended a series of bitcoin purchases and currently holds 471,107 bitcoins worth approximately $45 billion. The Financial Stability Accounting Board (FASB) last year implemented a new fair value accounting rule for companies holding digital assets. The use of the rule will be voluntary until the end of 2024, but will be mandatory starting from the first quarter of this year.