TNB Tech Minute: Bitcoin Firm Strategy Records a $17.44 Billion Unrealized Loss
WSJ Tech News Briefing
The Wall Street Journal
4.3 • 1.7K Ratings
🗓️ 5 January 2026
⏱️ 3 minutes
🧾️ Download transcript
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| 0:00.0 | AI is transforming industries, but the data centers powering it require more energy and water than ever. |
| 0:06.0 | At the break, join Christoph Beck, chairman and CEO of EcoLab, for insights on using water effectively while safeguarding this critical resource for future generations. |
| 0:16.2 | Here's your afternoon, TNB Tech Minute, for Monday, January 5th. I'm Julie Chang for the Wall Street Journal. |
| 0:23.4 | Bitcoin accumulation firm strategy recorded a nearly $17.5 billion unrealized loss in the fourth quarter, |
| 0:31.5 | after a sharp decline in the value of its Bitcoin stash. Shares of strategy plunged 48% last year, mirroring a gloomy year for Bitcoin. |
| 0:40.6 | The largest cryptocurrency itself fell more than 6% last year, its worst annual performance since 2022. |
| 0:47.5 | Still, both strategy and Bitcoin are off to a strong start in 2006. |
| 0:52.6 | Bitcoin climbed nearly $94,000 as of Monday morning, while strategy |
| 0:57.1 | gained about 4%. The company said it recently snapped up about $116 million worth of Bitcoin. |
| 1:05.2 | China's electric vehicle market may see demand cool further this year. That's according to Nomura analysts in a note. |
| 1:12.7 | China released its new policy for auto subsidies at the end of 2025, which the analysts say they |
| 1:19.1 | believe signals further policy tightening. They add that the new policy will hurt local demand |
| 1:24.6 | in the near term, especially for mass market models, and that Chinese |
| 1:28.7 | EV makers will need to shift their focus toward product upgrades instead of price cuts. |
| 1:34.8 | Finally, AT&T is planning to relocate its global headquarters from downtown Dallas to a nearby |
| 1:41.3 | suburb by the second half of 2028. |
| 1:46.3 | That's according to a Monday all-staff email viewed by the Wall Street Journal. The telecom firm is the sixth, the biggest employer in Dallas. |
| 1:51.7 | Its departure from downtown would continue a year's long trend of companies decamping from the urban |
| 1:57.3 | core. Per real estate data firm co-star, Dallas's downtown has the second highest |
| 2:02.7 | office vacancy rate in the nation, behind only Seattle. AT&T has been consolidating its office space |
| 2:09.4 | into fewer hubs nationwide. For a deeper dive into what's happening in tech, check out Tuesday's |
| 2:15.2 | Tech News Briefing podcast. How are data center operators working to improve sustainability and water savings at every stage of the data center life cycle? |
... |
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