Microstrategy, Inc. (MSTR) sees impairment loss of at least $284.5 million related to its bitcoin
Get Alerts MSTR Hot Sheet
Join SI Premium – FREE
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
- Citi raises Strategy price target to $240 on higher Bitcoin forecast
- Ford Motor Q3 vehicle sales fall 6.6%, F-Series leads gains
- Marfrig unit cancels tender offer for $467M in senior notes
Create E-mail Alert Related Categories
Corporate News, CryptocurrencySign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share