MicroStrategy lost $146M to Bitcoin impairment charges in Q4 2021 By Cointelegraph
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© Reuters. MicroStrategy, the fortune 500 company with a 125,051 (BTC)-strong treasury, announced its Q4 2021 financial results on Tuesday.
The institutional software solutions provider reported a net loss of $146.6 million incurred in impairment charges on its Bitcoin holdings. The high impairment losses added to the company’s operating expenses, which saw a 125% increase at $248 million compared to the same quarter last year.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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© Reuters. MicroStrategy, the fortune 500 company with a 125,051 (BTC)-strong treasury, announced its Q4 2021 financial results on Tuesday.
The institutional software solutions provider reported a net loss of $146.6 million incurred in impairment charges on its Bitcoin holdings. The high impairment losses added to the company’s operating expenses, which saw a 125% increase at $248 million compared to the same quarter last year.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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