MicroStrategy announced its Q4 2022 financial report: a net loss of $250 million, with total Bitcoin holdings increasing to 132,500

ChainCatcher news, MicroStrategy announced its Q4 2022 financial report, with fourth-quarter revenue of $132.6 million, gross profit of $110.5 million, operating expenses of $299.5 million, an operating loss of $193.7 million, and a net loss of $249.7 million. Among these, operating expenses include impairment losses on MicroStrategy's digital assets (net of sales proceeds), which amounted to $197.6 million.

Additionally, in the fourth quarter, it increased its total Bitcoin holdings to 132,500 coins, with a book value of approximately $1.84 billion as of December 31, 2022, and a cumulative impairment loss of $2.153 billion, with an average cost of Bitcoin at approximately $30,137. MicroStrategy stated that the company's belief in the long-term purchase, holding, and accumulation of Bitcoin positions remains unchanged. (source link)