MicroStrategy Announces First Quarter Balance Sheet

MicroStrategy reported a $170 million impairment in non-cash digital assets in its first quarter report; He continues to hold his Bitcoins.
 MicroStrategy Announces First Quarter Balance Sheet
READING NOW MicroStrategy Announces First Quarter Balance Sheet

MicroStrategy reported $170 million of impairment in non-cash digital assets in its first quarter report; He continues to hold his Bitcoins.

MicroStrategy, one of the leading figures in the crypto world, announced the first quarter report of the year. The company reported impairment of non-cash digital assets of $170.1 million. This is a concept that reflects the fall in Bitcoin price relative to the price at which Bitcoin was purchased.

Keeps Holding Bitcoins

Despite the rumors that have emerged in the past days, the company continues to hold the Bitcoin assets it bought. The company holds 129,218 BTC, which it bought at a total cost of $ 3.97 billion. The cost of this amount per Bitcoin corresponds to $ 30,700. For BTC, which is traded at $ 38,907 at the time of publication, this amount corresponds to $ 5 billion.

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