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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

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