MicroStrategy Replies To FASB Standards To Update Bitcoin Holdings
Also Read: U.S. Debt Ceiling Talks Set To Resume; Will Crypto Market Rally? advertisement As per MicroStrategy, It is the largest public company holder of Bitcoin. MSTR revealed that as of March 31, 2023, it is holding 140K Bitcoins (approx worth $3.78 billion on 22 May 2023). It mentioned that the company bought these BTC at an original cost basis of $4.17 billion. The market value of MSTR’s Bitcoin holdings stood at around $3.986 billion. This is twice the amount it carried in its BTC on the consolidated balance sheet. (THIS IS A DEVELOPING STORY) Recommended Articles Crypto Telegram Channels List 2023 [Updated] Must Read Crypto Presale Projects For 2023 To Invest; Updated List Must Read Top 10 Cloud Mining Sites To Mine In 2023 , Here’s The List ! Must Read Top Crypto Marke...