MicrosStrategy
Top Articles from Palak
Microstrategy
Bitcoin News
Microstrategy
Bitcoin News

MicroStrategy reveals nearly $690 million in impairment losses on BTC holdings

The Business intelligence organization, MicroStrategy has shared its second-quarter financial results for 2021 that revealed impairment losses of $689.6 million from its Bitcoin holdings. The Fortune 500 company holds $2.051 billion worth of BTC bought at an average price of $19,159 per bitcoin till June 30, 2021. The losses are mainly because the price at

The Business intelligence organization, MicroStrategy has shared its second-quarter financial results for 2021 that revealed impairment losses of $689.6 million from its Bitcoin holdings. The Fortune 500 company holds $2.051 billion worth of BTC bought at an average price of $19,159 per bitcoin till June 30, 2021. The losses are mainly because the price at

bitcoin altcoins
Bitcoin News
bitcoin altcoins
Bitcoin News

Did MicroStrategy’s $400 Million Convertible Note Idea Backfire ?

Microstrategy, the business intelligence firm has been betting big on bitcoin ever since it made its first purchase of $250 million in August this year. Most recently the firm announced its plans of issuing $400 million worth of debt securities to buy more bitcoin. The software giant looks at bitcoin as a hedging asset which

Microstrategy, the business intelligence firm has been betting big on bitcoin ever since it made its first purchase of $250 million in August this year. Most recently the firm announced its plans of issuing $400 million worth of debt securities to buy more bitcoin. The software giant looks at bitcoin as a hedging asset which