Bitcoin, the company led by Michael Saylor, may report a loss of billions of dollars when it discloses its fourth-quarter results, due to paper losses on its approximately $60 billion in Bitcoin holdings—which fell 24% in the fourth quarter.The company’s stock price has plummeted, sparking market concerns that it may need to sell Bitcoin to cover future costs. Furthermore, its enterprise value is on the verge of falling below the value of its Bitcoin holdings.“There was a one-time profit surge last quarter, but this quarter is a completely different story,” said Aaron Jacob, an associate professor at Brigham Young University and senior advisor at Taxbit. “This is going to be a massive loss.” (Bloomberg)