MicroStrategy
(MSTR)
reported
a
second
quarter
net
loss
of
$102.6
million
or
$5.74
per
share
versus
income
of
$22.2
million
or
$1.52
per
share
one
year
earlier.
The
loss
came
as
the
company
took
an
impairment
charge
on
its
bitcoin
holdings
of
$180.1
million
versus
$24.1
million
in
the
second
quarter
a
year
ago.
Led
by
Executive
Chairman
Michael
Saylor,
the
company
disclosed
July
31
bitcoin
holdings
of
226,500
tokens,
up
a
handful
of
coins
since
the
latest
purchase
announcement
in
mid-June.
Those
226,500
bitcoins
were
acquired
for
$8.3
billion
or
an
average
of
$36,821
per
token.
At
the
current
price
of
$63,500,
those
assets
are
worth
about
$14.4
billion.
