Close

Microstrategy, Inc. (MSTR) sees impairment loss of at least $284.5 million related to its bitcoin

June 7, 2021 8:36 AM EDT

Microstrategy, Inc. (NASDAQ: MSTR) disclosed:

On June 7, 2021, MicroStrategy Incorporated (the “Company”) disclosed the following information: based on the fluctuations in market price of bitcoin during the second quarter of 2021 through the date of this Current Report on Form 8-K, the Company expects to incur an impairment loss of at least $284.5 million related to its bitcoin for the three months ending June 30, 2021.




Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News, Cryptocurrency