Tag: impairment
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 o [...]
MicroStrategy Books No Impairment Charge on Massive Bitcoin Holdings in Q2
"Our bitcoin holdings increased to 152,800 bitcoins as of July 31, 2023, with the addition in the second quarter of 12,333 bitcoins being the largest [...]
Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge
Amid BTC's big rally, the company's impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter.
www.coi [...]
Bitcoin Miner Riot Delays 10-K Filing Due to Impairment Calculation Issues
The delay follows a similar move earlier this week by Marathon Digital on similar grounds.
www.coindesk.com [...]
Marathon Digital bungles crypto impairment sums, will reissue financials
Bitcoin (BTC) miner Marathon Digitial will reissue a number of previous financial statements after the Securities and Exchange Commission (SEC) pointe [...]
MicroStrategy Books Impairment Charge of $197.6M on Bitcoin Holdings in Q4
The company's digital asset impairment reflects the decline in the price of bitcoin versus the price at which the bitcoin was acquired. Under standard [...]
MicroStrategy Reports Impairment Charge of $727K on Bitcoin Holdings in Q3
As of September 30, 2022, the original cost basis and market value of MicroStrategy’s bitcoin were $3.983 billion and $2.532 billion, respectively, wh [...]
Bitcoin Miner Riot Takes $349M Goodwill Impairment Charge on Acquisitions
“Although challenging global market conditions in the second quarter, further impacted by a steep decline in the price of Bitcoin and resulting declin [...]
Japan Display : Extraordinary Gain on Chinese Receivables (Disclosure Update), Foreign Exchange Gain, and Impairment Loss
[Provisional Translation Only]
This English translation of the original Japanese document is provided solely for [...]
MicroStrategy Reports $918M Impairment Charge on Bitcoin Holdings in Q2
The company's 129,699 bitcoins held at the end of June 30, 2022, were acquired for approximately $4 billion, reflecting an average cost per bitcoin of [...]
Tesla Could Face a $460M Impairment Charge on Its Bitcoin Holdings in Q2
The value of the electric automakers’ sizable bitcoin holdings fell significantly in the second quarter.
www.coindesk.com [...]
Bancor pauses impairment loss protection citing ‘hostile’ market conditions
Bancor, a decentralized finance protocol often credited as the pioneer of the DeFi space, paused its impairment loss protection (ILP) function on Sund [...]
Peloton took $182 million impairment charge last quarter as inventories piled up
A Peloton stationary bike for sale at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.Adam Glanzman | Bloomberg | Ge [...]
MicroStrategy Reports $170M Impairment Charge on Bitcoin Holdings in Q1
The software firm TKTK
www.coindesk.com [...]
Tesla Records $101M Impairment Loss on Bitcoin Holdings for 2021
Tesla recorded around $101 million of impairment losses from changes in the value of its bitcoin holdings in 2021.
www.coindesk.com [...]