MicroStrategy Posts Modest $727K Bitcoin Impairment Charge
The company’s losses were slight in Q3 thanks to Bitcoin’s stable value. Key Takeaways MicroStrategy reported $727,000 in impairment losses on its Bitcoin holdings in the third quarter of 2022. The company’s Bitcoin impairment losses were considerably higher in other periods and quarters. MicroStrategy holds 130,000 BTC worth $2.5 billion and is the largest public […]