MicroStrategy reports Q1 net loss of $53.1M, continues buying Bitcoin

From Cointelegraph: 2024-04-29 19:52:24

MicroStrategy has not adopted the new accounting standard that would reflect billions of dollars in paper gains from Bitcoin’s 65% price rally.

Read more at Cointelegraph: MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues