MicroStrategy Reported Impairment Charge of $727K on Bitcoin Holdings in Q3

MicroStrategy Reported Impairment Charge of $727K on Bitcoin Holdings in Q3

As of Sept. 30, 2022, the original cost basis and market value of MicroStrategy’s bitcoin holdings were $3.983 billion and $2.532 billion, respectively, which reflects an average cost per bitcoin of approximately $30,639 and a market price per bitcoin of $19,480.51, the company reported.

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