Bitcoin Miner Riot Takes $349M Goodwill Impairment Charge on Acquisitions

“Although challenging global market conditions in the second quarter, further impacted by a steep decline in…

Crypto Miner Core Scientific Downsizing After $840M Impairment Charge

Produced 3,365 bitcoin in the quarter, a 4% drop from the prior quarter Shares of CORZ…

Jack Dorsey’s Block Reports $36M Impairment Loss on Bitcoin Holdings

Block Inc., the digital payments company co-founded by Jack Dorsey, reported a $36 million Bitcoin impairment…

MicroStrategy Takes A $917 Million Impairment Loss On Its Bitcoin Stash As Crypto Prices Tumble ⋆ ZyCrypto

Advertisement &nbsp &nbsp MicroStrategy, the largest bitcoin holding-publicly-traded company in the world, took a…

CoinShares posts £8.2M Q2 loss due to one-off impairment hit from Terra

London-based digital asset management firm Coinshares reported a loss before tax of £8.2 million for the…

MicroStrategy Reports $917M Bitcoin Impairment Charge as Saylor Steps Aside

MicroStrategy took a non-cash digital impairment charge of $917.8 million in the second quarter of 2022,…

MicroStrategy records $918M impairment loss in Q2, Saylor moves to new Chairman role

MicroStrategy recorded an impairment charge of $918 million on its Bitcoin (BTC) holdings in the second quarter,…

MicroStrategy Reports $918M Impairment Charge on Bitcoin Holdings in Q2

The company’s 129,699 bitcoins held at the end of June 30, 2022, were acquired for approximately…

Tilray swings to loss on impairment charge but revenue beats analyst target

Tilray Brands Inc. TLRY, +6.44% shares fell 1.5% in premarket trades Thursday after the cannabis company…

Tesla Sells Bitcoin for $64M Profit, Still Posts $170M Impairment Loss

For accounting purposes, Tesla must value its bitcoin at its lowest point during a quarter Tesla…

Tesla Writes Down $170M in Bitcoin Impairment Charges in Q2

Electric carmaker Tesla recorded a $170 million impairment charge against the carrying value of its bitcoin…

Tesla Hit With $170 Million Impairment Charge on Bitcoin Holdings 

Elon Musk’s car manufacturer Tesla recorded a $170 million impairment charge for Bitcoin on its balance…

Public companies holding Bitcoin face impairment losses amid market crash

MicroStrategy, Tesla, and other public companies holding Bitcoin face significant impairment losses as Bitcoin (BTC) closed…

As BTC Plummets to $19,000, Elon Musk’s Tesla Reports $440 Million Impairment Losses

The world’s largest cryptocurrency Bitcoin (BTC) has struggled to keep up with its recovery and has…

Bancor pauses impairment loss protection citing ‘hostile’ market conditions

Bancor, a decentralized finance (DeFi) protocol often credited as the pioneer of the DeFi space, paused its impairment…

Peloton took $182 million impairment charge last quarter as inventories piled up

A Peloton stationary bike for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday,…

MicroStrategy Logged A $170M Impairment Loss From Its Bitcoin Holdings In Q1 2022 ⋆ ZyCrypto

Advertisement &nbsp &nbsp MicroStrategy, the publicly traded company with a 129,218 BTC-strong treasury published…

MicroStrategy Reports $170M Impairment Charge on Bitcoin Holdings in Q1

Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in…

MicroStrategy Registers a $170 Million Impairment Charge on Bitcoin in Q1

American business intelligence company MicroStrategy released its Q1 financial results in which it revealed a non-cash…

Teladoc stock plunges more than 30% after earnings outlook slashed, massive impairment charge

Shares of Teladoc Health Inc. were slammed in after-hours trading Wednesday, after the telemedicine company took…

Tesla Bitcoin Impairment Loss In 2021 Crosses $100 Million Following Price Crash

Tesla remains one of the public companies with the largest bitcoin holdings in the world. The…

Tesla Reported $101M Impairment Losses

In a recent 10-K filing, which is used to report a public company’s financial performance, Tesla…

Tesla ($TSLA) Suffers $101 Million Impairment Losses on Bitcoin Holdings in 2021

Tesla, the electric car maker, revealed that it suffered a loss of around $101 million of…

MicroStrategy Will Proceed To Purchase BTC Despite $146.6 Million In Q4 Impairment Charges

MicroStrategy purchased 53,922 BTC for an average buying price of $48,710. This takes the total BTC…

MicroStrategy’s Bitcoin Impairment Charge Swells to $147 Million in Q4 2021

The world’s biggest corporate bitcoin holder MicroStrategy has reported a $146 million impairment charge on its…

MicroStrategy reports a $146.6M impairment on Bitcoin holdings in Q4 2021

MicroStrategy, a business analytics firm that has invested heavily in Bitcoin, has released its financial results…

Microstrategy lost $146M to Bitcoin impairment charges in Q4 2021

MicroStrategy, the fortune 500 company with a 125,051 Bitcoin (BTC)-strong treasury, announced its Q4 2021 financial results…

MicroStrategy Takes $147M Impairment Charge on Bitcoin Holdings in Q4

MicroStrategy (MSTR) reported a non-cash digital asset impairment charge of $146.6 million in the fourth quarter,…

MicroStrategy will continue to buy BTC despite impairment charges

advertisement MicroStrategy plans to continue investing its free flows into bitcoin, and expects its investors to…

Tesla Records $51 Million Impairment Loss on its Bitcoin Holdings in Q3

Tesla electric vehicle maker has published its Q3 earnings report, showing that the company had an…