MicroStrategy Reports Q1 Loss, Misses Revenue Estimates Due to Bitcoin Impairment Charge

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MicroStrategy Reports Q1 Loss, Misses Revenue Estimates Due to Bitcoin Impairment Charge

MicroStrategy, the business intelligence software company turned bitcoin investment vehicle, reported a larger-than-expected loss and missed revenue estimates in its first-quarter 2024 earnings report. The company posted a loss of $3.09 per share on revenue of $115.2 million, falling short of analysts’ expectations of a loss of 55 cents per share on revenue of $121.7 […]
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