While some had expected the company might adopt the new digital asset fair value accounting standard, and thus report a sizable profit thanks to bitcoin's (BTC) first quarter rally, the…
MicroStrategy’s largest impairment loss of $917.8 million was recorded in the second quarter of 2022, and the loss featured heavily in news coverage of the earnings, “giving the impression that…
"Our bitcoin holdings increased to 152,800 bitcoins as of July 31, 2023, with the addition in the second quarter of 12,333 bitcoins being the largest increase in a single quarter…
Speaking on the earnings call, Executive Chairman Michael Saylor said that though bitcoin has gone through a very rough stretch, the performance of MicroStrategy stock since the company began buying…
“Although challenging global market conditions in the second quarter, further impacted by a steep decline in the price of Bitcoin and resulting decline in market valuations for publicly-traded Bitcoin miners,…
The company's 129,699 bitcoins held at the end of June 30, 2022, were acquired for approximately $4 billion, reflecting an average cost per bitcoin of approximately $30,664, the company reported.…
Tesla, the electric car maker led by crypto proponent Elon Musk, may take a $460 million impairment charge on its sizable bitcoin holdings for the second quarter, according to a…
