MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M [Yahoo! Finance]
MicroStrategy Incorporated - Class A (MSTR)
Last microstrategy incorporated - class a earnings: 4/28 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.microstrategy.com
Company Research
Source: Yahoo! Finance
While some had expected the company might adopt the new digital asset fair value accounting standard, and thus report a sizable profit thanks to bitcoin's {{BTC}} first quarter rally, the company elected not to do so. By the old standard, MicroStrategy at quarter's end valued its bitcoin holdings at a price of $23,680 each, or $5.1 billion, rather than March's closing price of $71,028, or $15.2 billion. The company also announced a small April addition of 122 tokens to its bitcoin stack, bringing total holdings to 214,400. That would be valued at $13.5 billion at bitcoin's current price of about $63,000. For all of 2024 so far, MSTR has acquired 25,250 bitcoins for $1.65 billion, or an average price of $65,232 each. Shares are lower by 3.3% in after hours trading. Speaking on the earnings call, CFO Andrew Kang said the company fully plans to adopt the new digital asset fair value accounting rule and is currently evaluating the best time to do so. The Financial Financial Accou
Show less
Read more
Impact Snapshot
Event Time:
MSTR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MSTR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MSTR alerts
High impacting MicroStrategy Incorporated - Class A news events
Weekly update
A roundup of the hottest topics
MSTR
News
- Your Portfolio Is A Garden. Weed It. [Forbes]Forbes
- Bitcoin and Crypto Stocks Popped Again This Week [Yahoo! Finance]Yahoo! Finance
- Michael Saylor and Chris Giancarlo Keynote Ric Edelman's 6th Annual Crypto Conference [Yahoo! Finance]Yahoo! Finance
- Vertosoft Named as Federal Partner of the Year at MicroStrategy World 2024 [Yahoo! Finance]Yahoo! Finance
- MSTY: A Buy For High-Yield Income And Crypto Diversification [Seeking Alpha]Seeking Alpha
MSTR
Earnings
- 11/1/23 - Miss
MSTR
Sec Filings
- 5/1/24 - Form 10-Q
- 4/29/24 - Form 8-K
- 4/26/24 - Form 4
- MSTR's page on the SEC website