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MicroStrategy endorses ‘fair value model’ proposal for reporting crypto holdings

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied MicroStrategy, the largest public holder of bitcoin, has joined the growing list of supporters backing proposed rule changes by the financial accounting standards board (FASB), which seeks to eliminate impairment charges for companies holding cryptocurrencies. As of March 31, MicroStrategy held […]
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MicroStrategy records $461.2m net income in Q1 2023

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied MicroStrategy has released its Q1 2023 financial results and recorded a net income of $461.2 million. MicroStrategy, the self-proclaimed largest independent publicly-traded business intelligence company, has released its financial results from January to March 31, 2023.  The company recorded a total […]
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MicroStrategy unveils minimal Silvergate exposure

Business intelligence outfit MicroStrategy has confirmed a loan from Silvergate but says the tenure is still a few years away. The company added that it is not worried about Silvergate’s current financial status and will not be looking to accelerate the loan. MicroStrategy secured a $205 million loan from Silvergate via the former’s MicroStrategy subsidiary. […]
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