Share this article

MicroStrategy Reported Impairment Charge of $727K on Bitcoin Holdings in Q3

The business software firm owns about 130,000 bitcoins worth approximately $2.7 billion on its balance sheet.

Updated May 9, 2023, 4:01 a.m. Published Nov 1, 2022, 8:16 p.m.
MicroStrategy Executive Chairman Michael Saylor (Joe Raedle/Getty Images)
MicroStrategy Executive Chairman Michael Saylor (Joe Raedle/Getty Images)