MSTR - MicroStrategy Reports Q1 Results Company Holds 214400 Bitcoins | Benzinga
MicroStrategy Incorporated (NASDAQ:MSTR) reported its first-quarter financial results after the bell Monday. Here's a look at the details.
The Details:
MicroStrategy reported quarterly non-GAAP losses of $8.26 per share. Quarterly sales came in at $115.2 million which missed the analyst consensus estimate of $121.725 million by 5.36% and represents a 5.51% decrease year-over-year. The company now holds 214,400 bitcoins.
As of March 31, 2024, the carrying value of MicroStrategy’s digital assets (comprised of approximately 214,278 bitcoins) was $5.074 billion, which reflects cumulative impairment losses of $2.461 billion since ...