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MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M

April 29, 2024
in Bitcoin
0

While some had expected the company might adopt the new digital asset fair value accounting standard, and thus report a sizable profit thanks to bitcoin’s (BTC) first quarter rally, the company elected not to do so. By the old standard, MicroStrategy at quarter’s end valued its bitcoin holdings at a price of $23,680 each, or $5.1 billion, rather than March’s closing price of $71,028, or $15.2 billion.

This news is republished from another source.


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Name Price
Kinza Babylon Staked BTC
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$8.02
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$0.000000
bitcoin
Bitcoin (BTC)
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  • Kinza Babylon Staked BTCKinza Babylon Staked BTC(KBTC)$83,270.000.00%
  • Steakhouse EURCV Morpho VaultSteakhouse EURCV Morpho Vault(STEAKEURCV)$0.000000-100.00%
  • Eureka Bridged PAX Gold (Terra)Eureka Bridged PAX Gold (Terra)(PAXG)$4,182.540.23%
  • Vested XORVested XOR(VXOR)$3,404.231,000.00%
  • ICPanda DAOICPanda DAO(PANDA)$0.003106-39.39%
  • TruFin Staked APTTruFin Staked APT(TRUAPT)$8.020.00%
  • kpk ETH Primekpk ETH Prime(KPK ETH PRIME)$2,036.250.01%
  • ApeSwapApeSwap(BANANA)$0.0000000.00%
  • bitcoinBitcoin(BTC)$77,072.001.26%
  • ethereumEthereum(ETH)$2,311.041.89%
  • kpk ETH Yieldkpk ETH Yield(KPK ETH YIELD)$2,031.88-0.04%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.380.14%
  • JPool Staked SOLJPool Staked SOL(JSOL)$170.103.95%
  • binancecoinBNB(BNB)$623.510.30%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$84.140.96%
  • tronTRON(TRX)$0.323317-0.04%
  • staked-etherLido Staked Ether(STETH)$2,262.76-3.72%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.030.29%
  • dogecoinDogecoin(DOGE)$0.1069218.53%
  • Gaj FinanceGaj Finance(GAJ)$0.0059271.46%
  • Content BitcoinContent Bitcoin(CTB)$24.482.55%
  • USD OneUSD One(USD1)$1.000.11%
  • WhiteBIT CoinWhiteBIT Coin(WBT)$54.571.46%
  • USDSUSDS(USDS)$1.00-0.01%
  • Wrapped stETHWrapped stETH(WSTETH)$2,773.89-3.48%
  • UGOLD Inc.UGOLD Inc.(UGOLD)$3,042.460.08%
  • HyperliquidHyperliquid(HYPE)$39.980.42%
  • leo-tokenLEO Token(LEO)$10.33-0.37%
  • ParkcoinParkcoin(KPK)$1.101.76%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$76,102.00-3.36%
  • cardanoCardano(ADA)$0.2486721.18%
  • bitcoin-cashBitcoin Cash(BCH)$451.831.29%
  • Binance Bridged USDT (BNB Smart Chain)Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.00-0.07%
  • Wrapped Beacon ETHWrapped Beacon ETH(WBETH)$2,462.35-3.82%
  • Wrapped eETHWrapped eETH(WEETH)$2,462.97-3.62%
  • moneroMonero(XMR)$381.590.82%
  • Yay StakeStone EtherYay StakeStone Ether(YAYSTONE)$2,671.07-2.84%
  • chainlinkChainlink(LINK)$9.260.87%
  • Coinbase Wrapped BTCCoinbase Wrapped BTC(CBBTC)$76,319.00-3.28%
  • PengPeng(PENG)$0.60-13.59%
  • CantonCanton(CC)$0.149278-0.14%
  • zcashZcash(ZEC)$331.35-0.01%
  • stellarStellar(XLM)$0.161770-0.06%
  • wethWETH(WETH)$2,264.05-3.78%
  • MurasakiMurasaki(MURA)$4.32-12.46%
  • MemeCoreMemeCore(M)$3.54-4.70%
  • sUSDSsUSDS(SUSDS)$1.090.12%
  • USD1USD1(USD1)$1.000.05%