MicroStrategy purchased 53,922 BTC for an average buying price of $48,710. This takes the total BTC held by the company to 124,391 The company incurred $146.6 million of bitcoin impairment costs. Impa...
Tag: Impairment
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 digital asset investment. MicroStrategy Loses $147 Million in an Impairment Charge The d...
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 for Q4 2021. The company reported a net loss of $146.6 million from impairment charges...
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 on Feb. 2. The institutional software solution provider reported a net loss...
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, up from $65.2 million in the prior quarter, according to its latest earnings statement...
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 think of it as a vehicle for crypto exposure. The firm shared its Q4 earnings report t...