MicroStrategy Posts Modest $727K Bitcoin Impairment Charge

MicroStrategy Posts Modest $727K Bitcoin Impairment Charge

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November 2, 2022 by secret
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[ad_1] 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 company to invest in Bitcoin. Share this article MicroStrategy reported a