MicroStrategy, now known as Strategy, announced that it expects its convertible preferred stock, Strike, to be listed on Nasdaq on Thursday. The company reported a loss of $3.03 per share in its fourth-quarter earnings, but stated that it did not adopt Financial Stability Accounting Board (FASB) rules, which would have avoided a $1 billion impairment loss. Strategy introduced new performance metrics, including a 2025 bitcoin gain target of $10 billion, of which $1.24 billion has been achieved so far this year. The company has used approximately $17 billion out of its $21 billion equity program. The company's shares were up 1.3% in pre-market trading.



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