Strategy posts $670 million quarterly loss, reports $1 billion operating loss, yet buys 218,887 Bitcoin to bring corporate holdings to 471,107 coins worth $45 billion

Bitcoin stacking company Strategy (NASDAQ:MSTR), which has just rebranded from its former name of MicroStrategy, has reported a net loss of $670.8 million for the fourth quarter. The company reported fourth quarter revenue of $120.7 million, a 3% year on …

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Quarterly vs Semi-Annual Earnings Reports

by Martin Armstrong President Donald Trump believes that companies should cease reporting on a quarterly basis and switch to semiannual reports instead. Trump said that the concept is “subject to SEC approval” and would “save money, and allow managers to …

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Costco Wholesale misses quarterly revenue estimates

Costco Wholesale missed market expectations for fourth-quarter revenue on Thursday on cautious spending by budget-conscious customers at its membership-only stores, as well as an impact from lower gasoline prices. Shares of the company were down marginally in volatile extended trading. …

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