Name: Microstrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul
Uploaded: 2023-08-02T14:01:25.000Z
Duration: 6 min 22 s
Description: Microstrategy's latest earnings report reveals the software company posted an impairment charge of $24.1 million on its bitcoin holdings in the second quarter. ProChain Capital President David Tawil discusses the implications for the crypto markets. Plus, Tawil's outlook for the ETF landscape.

CD20$2,016.041.97%BTC$73,337.910.085%ETH$2,010.050.22%XRP$1.342.94%SOL$82.450.81%

Microstrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul | CoinDesk Videos

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CD20$2,016.041.97%BTC$73,337.910.085%ETH$2,010.050.22%XRP$1.342.94%SOL$82.450.81%

Microstrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul | CoinDesk Videos