Bloomberg: MicroStrategy disclosed in its October filing that the significant decline in BTC may have a substantial adverse impact on its financial condition

ChainCatcher news, according to a report by Bloomberg, in a filing on October 31, MicroStrategy stated that "the significant decline in Bitcoin's market value could have a material adverse effect on our financial condition, potentially posing liquidity and credit risks to our business operations, as our means of obtaining cash are limited aside from the revenue generated by our enterprise analytics software business." MicroStrategy did not immediately respond to requests for comment on the matter.