.saylor's MicroStrategy booked a far smaller accounting writedown tied to its $BTC hoard last quarter versus the final three months of 2022, helped by the cryptocurrency's giant rally to begin the year. Aoyon_A reports
“We strengthened our capital structure by reducing leverage by fully repaying our bitcoin-backed loan. We also continued to strategically manage our balance sheet through the addition of 7,500 bitcoin in the quarter," said Chief Financial Officer Andrew Kang said in the statement."The conviction in our bitcoin strategy remains strong as the digital asset environment continues to mature.
Shares of the business-software company rose about 2% in after-hours trading on Monday, following the release of the quarterly results.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Riverton mayor demands removal of 'sexually explicit' books from Jordan School DistrictRiverton Mayor Trent Staggs has called for the removal of certain books from the Jordan School District libraries, claiming that they contain sexually explicit content unsuitable for minors. PaulNelsonKUTV
Read more »
New Dynamite Humble Bundle: Epic Art Books at a Discount for CharitySnag a 98% discount on Dynamite's Humble Bundle! Over 8,000 pages of digital art books featuring iconic franchises, all while supporting Hero Initiative charity! Act fast! DynamiteEntertainment HumbleBundle ArtBooks HeroInitiative
Read more »
Romance novelist Nora Roberts 'surprised' to see books banned in Florida for sexual contentAuthor Nora Roberts shared her shock at her books being banned in Florida.
Read more »
These reads speak to the importance of community archivesCheck out these recommended books from the Pima County Public Library.
Read more »