MicroStrategy Reports Q2 Loss; Bitcoin Holdings Rise to 226,500

MicroStrategy Reports Q2 Loss; Bitcoin Holdings Rise to 226,500

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Source: Coindesk.com

MicroStrategy (MSTR) reported a second quarter net loss of $102.6 million or $5.74 per share versus income of $22.2 million or $1.52 per share one year earlier.

The loss came as the company took an impairment charge on its bitcoin holdings of $180.1 million versus $24.1 million in the second quarter a year ago.

Read More https://www.coindesk.com/business/2024/08/01/microstrategy-posts-gainloss-on-impairment-charge-in-q2-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "MicroStrategy Reports Q2 Loss; Bitcoin Holdings Rise to 226,500" appeared first here Coindesk.com.

Source: Coindesk.com

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