According to MicroStrategy's (MSTR) second quarter earnings report, as of July 31, MicroStrategy's bitcoin holdings increased to 152,800 coins, worth approximately US$4.5 billion, with 12,333 new coins added in the second quarter, the largest single-quarter increase since the second quarter of 2021.
Additionally, the report showed that the company incurred $24.1 million in impairment charges on its bitcoin holdings, compared with $917.8 million in the same period last year and $18.9 million in the first quarter.
According to a tweet from executive chairman Michael Saylor, the company acquired 12,333 bitcoins between April 29 and June 27 for $347 million in cash, and another 467 bitcoins in July for $14.4 million.