Name: MicroStrategy Reports $170M Impairment Charge on Bitcoin Holdings in Q1
Uploaded: 2022-05-04T18:42:00.000Z
Duration: 5 min 57 s
Description: According to its recent earnings report, software firm MicroStrategy (MSTR) took a non-cash digital asset impairment charge of $170.1 million in the first quarter on its bitcoin holdings. “The Hash” group discusses the impact of bitcoin’s recent price decline on MicroStrategy’s earnings and shareholder response to the company’s crypto experiment.

CD20$2,015.571.29%BTC$73,440.010.14%ETH$2,012.310.45%XRP$1.341.67%SOL$82.170.11%

MicroStrategy Reports $170M Impairment Charge on Bitcoin Holdings in Q1 | CoinDesk Videos

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CD20$2,015.571.29%BTC$73,440.010.14%ETH$2,012.310.45%XRP$1.341.67%SOL$82.170.11%

MicroStrategy Reports $170M Impairment Charge on Bitcoin Holdings in Q1 | CoinDesk Videos