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Bitcoin Miner Riot Takes $349M Goodwill Impairment Charge on Acquisitions

“Although challenging global market conditions in the second quarter, further impacted by a steep decline in the price of Bitcoin and resulting decline in market valuations for publicly-traded Bitcoin miners, including Riot, necessitated non-cash impairment charges this quarter, these non-cash charges had no impact on our solid financial position and

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MicroStrategy Reports $918M Impairment Charge on Bitcoin Holdings in Q2

The company's 129,699 bitcoins held at the end of June 30, 2022, were acquired for approximately $4 billion, reflecting an average cost per bitcoin of approximately $30,664, the company reported. At bitcoin’s current price of about $23,000, the value of those holdings is approximately $3 billion. MicroStrategy's entire market capitalization

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BTC price ‘ready to rally’ with Bitcoin bulls clear to charge at $85K — analysis

Bitcoin (BTC) is “ready to rally” again as BTC price action flips bullish on crucial timeframes, trading platform Decentrader says.In its latest market update on Oct. 29, the firm predicted incoming fresh upside for Bitcoin, which has languished below old all-time highs this week.$150,000 end-of-year potentialDespite sideways moves in BTC/USD

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