Why MicroStrategy, now Strategy, is about to get a $12.75 billion boost to its balance sheet: Bernstein 📈
MicroStrategy, now referred to as Strategy, disclosed a substantial net loss of $670.8 million for the fourth quarter. This significant loss follows a $1 billion impairment adjustment on its Bitcoin holdings. Despite this, Bernstein anticipates a noteworthy $12.75 billion increase in its balance sheet, pointing to potential strategic advantages.
Source: www.theblockcrypto.com ↗
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