Software firm MicroStrategy recently reported a net loss for the first quarter of 2022, which appears to be driven largely by its Bitcoin holdings. The firm reported a net loss of $170 million, or $11.58 per share for Q1, slightly lower than $183.2 million last year. A bulk of that loss was driven by a

The post MicroStrategy Is Holding Bitcoin At A $1 Bln Loss, Here’s Why appeared first on CoinGape.



Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

JPMorgan & Wall Street Giants See Hot US CPI Inflation at 4.2%, Bitcoin, ETH, XRP to Fall?

The US stock market and global crypto market are facing renewed selling pressure ahead of today’s US CPI inflation data release. JPMorgan, M...