MicroStrategy Reports $917M Bitcoin Impairment Charge as Saylor Steps Aside - Decrypt

During its second-quarter earnings call, executives explained how Bitcoin's recent volatility affected its balance sheet.

MicroStrategy took a non-cash digital impairment charge of $917.8 million in the second quarter of 2022, according to its Q2 2022 earnings call on Tuesday. An impairment charge describes a drastic r… [+2666 chars]

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