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02 Aug 2024

Bitcoin 2024 Conference Nashville! MicroStrategy Hold 226,500 BTC & Michael Saylor Speech

Bitcoin 2024 Conference Nashville! MicroStrategy Hold 226,500 BTC & Michael Saylor SpeechMicroStrategy (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. U.S. Adds 206K Jobs in June; Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash. 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. “On the adoption front, we are extremely optimistic w

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