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Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge

Amid BTC's big rally, the company's impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter.

Updated May 9, 2023, 4:13 a.m. Published May 1, 2023, 8:53 p.m.
MicroStrategy's Michael Saylor (Joe Raedle/Getty Images)
MicroStrategy's Michael Saylor (Joe Raedle/Getty Images)