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MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues

April 29, 2024 by DIGIT

MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account. Go to Source

Categories accounting, Convertible Note, Debt Offering, Financial Accounting Standards Board, financial statement, michael saylor, Phong Le, Quarterly Results


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$88,627.000.46%
  • ethereumEthereum(ETH)$2,996.340.39%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$856.450.42%
  • rippleXRP(XRP)$1.93-0.35%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$125.44-0.59%
  • tronTRON(TRX)$0.2855362.27%
  • staked-etherLido Staked Ether(STETH)$2,996.150.37%
  • dogecoinDogecoin(DOGE)$0.131704-0.17%
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  • bitcoinBitcoin(BTC)$88,627.000.46%
  • ethereumEthereum(ETH)$2,996.340.39%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$856.450.42%
  • rippleXRP(XRP)$1.93-0.35%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$125.44-0.59%
  • tronTRON(TRX)$0.2855362.27%
  • staked-etherLido Staked Ether(STETH)$2,996.150.37%
  • dogecoinDogecoin(DOGE)$0.131704-0.17%