MicroStrategy’s Large Bitcoin Impairment Losses Have Given a False Impression: Berenberg

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MicroStrategy’s Large Bitcoin Impairment Losses Have Given a False Impression: Berenberg

MicroStrategy’s largest impairment loss of $917.8 million was recorded in the second quarter of 2022, and the loss featured heavily in news coverage of the earnings, “giving the impression that the company’s inherent value had been negatively impacted when this was not the case,” the bank said. www.coindesk.com

MicroStrategy’s largest impairment loss of $917.8 million was recorded in the second quarter of 2022, and the loss featured heavily in news coverage of the earnings, “giving the impression that the company’s inherent value had been negatively impacted when this was not the case,” the bank said.

www.coindesk.com

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