
Among companies holding more than $19 billion in bitcoin, MicroStrategy incurred $191 million in BTC impairment losses in Q1
MicroStrategy (NASDAQ ticker: MSTR), the largest single holder of BTC outside of Bitcoin spot ETFs, reported its first quarter earnings, revealing that the company's Bitcoin impairment loss for the period was $191 million, according to CoinDesk. Impairment losses are the difference when the price of Bitcoin falls below