MicroStrategy’s $1.99B Bitcoin Impairment Loss Could Be Avoided If Invested in Ethereum

MicroStrategy’s $1.99B Bitcoin Impairment Loss Could Be Avoided If Invested in Ethereum


coinpedia
2022-11-04 11:27:45

The post MicroStrategy’s $1.99B Bitcoin Impairment Loss Could Be Avoided If Invested in Ethereum appeared first on Coinpedia Fintech NewsAccording to MicroStrategy Inc.’ (NASDAQ: MSTR) third-quarter 2022 financial results, the company is counting an impairment loss of approximately $1.99 billion on its Bitcoin holding. However, a study conducted by blockchaincenter.net has revealed that MicroStrategy’s crypto investment could be worth $ 5.598 billion if Michael Saylor purchased Ethereum. The business intelligence company is under a …