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The post MicroStrategy Reports Impairment of $918 Million on Bitcoin Holdings in Q2 appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide According to MicroStrategy’s (MSTR) latest […]
The post MicroStrategy Reports Impairment of $918 Million on Bitcoin Holdings in Q2 appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
According to MicroStrategy’s (MSTR) latest earnings report, the company has incurred a non-cash digital asset impairment charge of $917.8 million on its holdings in Bitcoin in the second quarter, up from $170.1 million in the first quarter and $424.8 million in the second quarter of 2021. Tesla (TSLA), sold roughly 75 percent of its Bitcoin …
