Express

As of 2021 Q2, MicroStrategy Has Accrued $689.6 Million In Impairment Losses For Its 105,085 BTC

Mary Liu

Summary: MicroStrategy (Nasdaq: MSTR) released its second-quarter financial report on Thursday.  As of June 30, 2021, MicroStrategy holds approximately 105,085 BTC with a book value of $2.051 billion, reflecting a cumulative impairment loss of $689.6 million since the acquisition, the average book value per bitcoin is approximately $19,518.  MacroStrategy LLC, a subsidiary of MicroStrategy, holds approximately 92,079 ...

MicroStrategy (Nasdaq: MSTR) released its second-quarter financial report on Thursday.

 As of June 30, 2021, MicroStrategy holds approximately 105,085 BTC with a book value of $2.051 billion, reflecting a cumulative impairment loss of $689.6 million since the acquisition, the average book value per bitcoin is approximately $19,518. 

MacroStrategy LLC, a subsidiary of MicroStrategy, holds approximately 92,079 BTC as of 2021 Q2.

MicroStrategy also stated that it plans to deploy additional capital into its digital asset strategy and hire a new chief financial officer.

By Mary Liu

Last Update:

Tags: ,
Link: As of 2021 Q2, MicroStrategy Has Accrued $689.6 Million In Impairment Losses For Its 105,085 BTC   [Copy]
  • Onchain Fatigue: The Harsh Reality Driving Users Away from Web3 1 days ago
  • Are Airdrops Overfarmed? State of the Market 2 days ago
  • Autonomous Worlds: The Ultimate Goal of Blockchain? 4 days ago
  • Have Cosmos and Polkadot Been Replaced? The Future of ATOM and DOT 6 days ago
  • Polygon AggLayer: Uniting Modular and Monolithic Blockchain Architectures 7 days ago
  • You need to login to comment.