Strategy posts surprise loss on fair-value Bitcoin write-down
Market Intelligence Analysis
AI-PoweredMicroStrategy reported a wider quarterly loss due to a fair-value write-down of its Bitcoin holdings, causing its stock price to decline 1.4% in extended trading and 17% on Thursday.
Market impact analysis based on bearish sentiment with 85% confidence.
Article Context
Investing.com -- Strategy Inc (NASDAQ:MSTR) reported a sharply wider quarterly loss as accounting-driven swings in the value of its bitcoin holdings. The company is the world’s largest corporate holder of Bitcoin and its stock price is closely linked to the digital asset’s performance. Shares were down 1.4% in extended trading, after it settled 17% lower in Thursday trading. Bitcoin’s value fell below $70000, reaching levels not seen since late 2024.The company, formerly known as MicroStrategy,
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