MicroStrategy has released its financial results for Q4 2021, on February 2, 2021. The company reported a net loss of $146.6 million due to impairment loss charges on its bitcoin purchase. MicroStrategy has seen a profit of nearly $4 billion from its bitcoin holdings despite the recent bitcoin price dip.
Another Transformational YearMicroStrategy (Nasdaq: MSTR), the world’s largest publicly-traded business intelligence company has revealed via its Q4, 2021, financial results report released on February 1, 2022, that the past year was generally phenomenal, as its software business witnessed positive revenue growth for the first time since 2014. The company also revealed that it succeeded in beefing up its existing bitcoin stash, adding over 10,300 BTC to its holdings after successfully raising funds through its at-the-market equity offering conducted last year. MicroStrategy wrote:
“We also significantly expanded our bitcoin holdings in the quarter, adding over 10,300 BTC to our holdings after raising capital in the quarter through our at-the-market equity offering. Today, MicroStrategy is the world’s largest publicly traded corporate owner of bitcoin with over 125,000 BTC. We will continue to evaluate opportunities to raise additional capital to execute on our bitcoin acquisition strategy.”