Minn ZyCrypto - 1 sena ilu - Ħin tal-Qari: 2 minuti
MicroStrategy Takes A $917 Million Impairment Loss On Its Bitcoin Stash As Crypto Prices Tumble
MicroStrategy, the largest bitcoin holding-publicly-traded company in the world, took a non-cash digital asset impairment charge in the third quarter, up from $424 million in the second quarter, the latest filings have shown.
Fi tħabbira tat-Tlieta, il-kumpanija żvelat ukoll li Michael Saylor, li serva bħala Uffiċjal Kap Eżekuttiv u Chairman tal-Bord minn meta waqqaf MicroStrategy fl-1989 u ħaduha pubblika fl-1998, kien qed iwarrab biex jassumi rwol ġdid bħala Chairman Eżekuttiv. Phong Le, li serva bħala president mill-2020, fost pożizzjonijiet eżekuttivi oħra, jieħu post Saylor bħala President u Uffiċjal Kap Eżekuttiv.
"I believe that splitting the roles of Chairman and CEO will enable us to better pursue our two corporate strategies of acquiring and holding bitcoin and growing our enterprise analytics software business.” Qal Saylor. “As Executive Chairman I will be able to focus more on our bitcoin strateġija ta 'akkwist u relatati bitcoin advocacy initiatives, while Phong will be empowered as CEO to manage overall corporate operations.”
The latest filing and subsequent shake-up in the company’s top leadership come on the heels of the company falling in the red on its Bitcoin stash following a brutal crypto winter. Nevertheless, Michael Saylor has maintained that the company is ready to face the challenging market conditions and defend its Bitcoin pożizzjoni.
MicroStrategy’s CFO Andrew Kang echoed those sentiments in an earnings conference call, stating that the company has about 85,000 unpledged Bitcoin available should its obligations to Silvergate bank fall due. “għandna kollateral aktar minn biżżejjed għal kwalunkwe volatilità tal-prezz,” qal Kang.
Minn mindu l-kumpanija bdiet tixtri l-munita kriptografika fl-2020, kompliet jixtru aktar Bitcoin, with the total stash value swelling to about $8 billion when BTC tapped $68,000 in November 2021. As of writing, it holds some 129,699 bitcoins with an average cost of $30,664 per bitcoin. However, the market value of those holdings has dropped to roughly $3.03 billion today, with BTC plunging hard in the past ten months.
Last month, Tesla, another prominent company with sizeable Bitcoin azjendi, iddampjat madwar 75% tal-azjendi tagħha biex iżomm l-operazzjonijiet tal-kumpanija fil-wiċċ. Michael Saylor, madankollu, sostna li m'għandhom l-ebda intenzjoni li jbigħu l-muniti tagħhom u se jkomplu jixtru aktar hekk kif jippermettu l-flussi tal-flus.
Mill-kitba, Bitcoin is at $23,056 after a 1.90% increase in the past 24 hours based on data from CoinMarketCap.
Sors oriġinali: ZyCrypto