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$2,047.521.57%BTC$73,999.960.59%ETH$2,025.880.45%XRP$1.341.14%SOL$82.880.22%

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

Loading video...

CD20$2,047.521.57%BTC$73,999.960.59%ETH$2,025.880.45%XRP$1.341.14%SOL$82.880.22%

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