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Find out what to include in a cash flow statement, as well as its limitations and how cash flow is calculated.

With a market capitalization nearing $46 billion, MSTR shares are trading below the overall value of its Bitcoin holdings, ...

As a reminder, the mark-to-market accounting has no impact on our cash flow. Thank you, Ann, and good morning, everyone. Wendell Weeks: Today, we announced fourth quarter and full year 2025 results.

For the fourth quarter of 2025, Ace River Capital Partners, L.P. (the "Fund") returned -4.55%. Over the same period, the S&P 500 ( SPX) and Russell 2000 ( RTY) returned +2.7% and +2.2%, respectively.