2023-9-8 12:30 |
FASB accounting rule changes should help companies that hold digital assets to eliminate the poor optics that have been created by impairment losses, the report said.
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MicroStrategy reported a $727,000 impairment charge this quarter following losses on its Bitcoin holdings. MicroStrategy Faces Minimal Losses MicroStrategy saw only slight Bitcoin losses this quarter. According to a Tuesday...
2022-11-2 00:49 | |
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A series of impairment charges contributed to a $1 billion second quarter loss for the largest publicly-traded Bitcoin mining companies in the United States. The post Crypto Mining Companies Sell off Coins and Gear to Recoup Losses appeared first on BeInCrypto.
2022-8-17 19:30 | |
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MicroStrategy, Tesla, and other public companies holding Bitcoin face significant impairment losses as Bitcoin (BTC) closed the second quarter below $19,000. The post Public companies holding Bitcoin face impairment losses amid market crash appeared first on CryptoSlate.
2022-7-4 16:30 | |
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Tesla recorded $101 million of impairment losses on Bitcoin in 2021, with the carrying value accounting for $1.26 billion.
2022-2-8 16:34 | |
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The business intelligence firm has reported it used non-GAAP methods of calculating figures for its BTC buys excluding the “impact of share-based compensation expense and impairment losses and gains on sale from intangible assets."
2022-1-23 01:00 | |
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Chinese tech company Meitu, which made several investments in the two largest cryptocurrencies between March and April of 2021, revealed its impairment loss on Bitcoin holdings in a recent interim results announcement.
2021-8-27 19:00 | |
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The State of Wisconsin’s Investment Board (SWIB) created in 1951 has invested over $160 million in BlackRock’s spot Bitcoin ETF IBIT and Grayscale’s GBTC. The investment marks a move by the US state to adopt the asset alongside other investment vehicles for public pensions and trust funds.
SWIB's significant $99M investment in the iShares Bitcoin ETF marks a notable move by the state board into crypto assets. The post Wisconsin state holds $99 million in BlackRock’s Bitcoin ETF shares appeared first on Crypto Briefing.
Historical data suggests Bitcoin may have hit the bottom and entered an accumulation phase with support at $60,000. The post Bitcoin exits post-halving dip, signals accumulation phase, suggests analyst appeared first on Crypto Briefing.
In a dramatic turn of events, Bitfarms has terminated Morphy as CEO and president of the mining firm following the filing of a lawsuit against the company. Morphy’s filed a lawsuit against Bitfarms seeking a staggering $27 million in damages, prompting Bitfarms to terminate his role despite prior announcement of plans to have him remain […]
New Hampshire State Representative Keith Ammon discussed the potential benefits of the state diversifying its financial reserves into Bitcoin exchange-traded funds (ETFs) in a May 12 social media post.
Bitcoin investor behavior shows short-term holders selling while whales hold, amidst the network surpassing one billion transactions. The post Bitcoin whales hold steady amid short-term holder sell-off: Bitfinex appeared first on Crypto Briefing.
El Salvador has made headlines once again in the cryptocurrency world with the launch of a Bitcoin treasury monitoring website. Since adopting Bitcoin (BTC) as a legal tender in 2021, El Salvador continues to pioneer initiatives aimed at embracing and leveraging the potential of digital assets for economic growth and financial inclusion. The Central American […]