MicroStrategy was trying to avoid claiming BTC impairment losses that would shrink the company’s reported value.
Original Source: decrypt SEC Rejects MicroStrategy's Bitcoin Accounting as MSTR Shares Hit 1-Year Low
MicroStrategy was trying to avoid claiming BTC impairment losses that would shrink the company’s reported value.
Original Source: decrypt SEC Rejects MicroStrategy's Bitcoin Accounting as MSTR Shares Hit 1-Year Low