Home Bitcoin News MicroStrategy Experiences $918M Impairment Cost on Bitcoin Holdings in Q2 – CoinDesk

MicroStrategy Experiences $918M Impairment Cost on Bitcoin Holdings in Q2 – CoinDesk

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The corporate’s 129,699 bitcoins held on the finish of June 30, 2022, had been acquired for about $4 billion, reflecting a mean value per bitcoin of roughly $30,664, the corporate reported. At bitcoin’s present worth of about $23,000, the worth of these holdings is roughly $3 billion. MicroStrategy’s complete market capitalization is roughly $3.2 billion.

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