MicroStrategy’s latest 10-K annual report

Stumbled upon this after looking a bit more into Mr Saylor and MicroStrategy.

Couldn't help but think that whenever I see a post about anyone feeling unsure whether to sell because the market is too volatile or whatnot, THIS GUY is just the definition of diamond hands/nuts. It really helps put things in perspective.

HODL!

"At June 30, 2021, we carried $2.051 billion of digital assets on our balance sheet, consisting of approximately 105,085 bitcoins and reflecting $689.6 million in cumulative impairment losses attributable to bitcoin trading price fluctuations, and held $56.4 million in cash and cash equivalents, compared to no digital assets and $420.9 million in cash and cash equivalents at June 30, 2020, reflecting the shift in our liquid asset holdings following the adoptions of our Treasury Reserve Policy and our corporate strategy to acquire and hold bitcoin. Digital asset impairment losses of $618.9 million incurred during the six months ended June 30, 2021 represented 77.4% of our operating expenses, compared to no digital asset impairment losses for the six months ended June 30, 2020, contributing to our net loss of $409.4 million in the six months ended June 30, 2021 compared to net income of $4.0 million in the six months ended June 30, 2020."

EDGAR Company fillings

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