MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues
MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account.
Post from: Cointelegraph.com News
Tags: Quarterly Results, Financial Statement, Financial Accounting Standards Board, Accounting, Michael Saylor, Phong Le, Convertible Note, Debt Offering