MicroStrategy Posts Modest $727K Bitcoin Impairment Charge
Submitted by Anonymous (not verified) on Wed, 11/02/2022 - 00:00MicroStrategy reported a $727,000 impairment charge this quarter following losses on its Bitcoin holdings.
MicroStrategy reported a $727,000 impairment charge this quarter following losses on its Bitcoin holdings.
Data shows the Bitcoin Coinbase Premium Index has plunged down recently, here’s what has happened in the past during instances of such a trend.
Latest data from Glassnode reveals that around 14% of the Bitcoin supply has been redistributed since the July of this year.
We’re in a crypto winter. There’s no denying it. The fact that bitcoin could lose over 70 percent of its value in just under a year is crazy.
We’re in a crypto winter. There’s no denying it. The fact that bitcoin could lose over 70 percent of its value in just under a year is crazy.
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