MicroStrategy Reports Impairment of $918 Million on Bitcoin Holdings in Q2

The post MicroStrategy Reports Impairment of $918 Million on Bitcoin Holdings in Q2 appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideAccording to MicroStrategy’s (MSTR) latest earnings report, the company has incurred a non-cash digital asset impairment charge of $917.8 million on its holdings in Bitcoin in the second quarter, up from $170.1 million in the first quarter and $424.8 million in the second quarter of 2021. Tesla (TSLA), sold roughly 75 percent of its Bitcoin …