**MicroStrategy Reports Q2 Loss Amid Bitcoin Impairment Charge**

MicroStrategy (MSTR) has posted a second-quarter net loss of $102.6 million, translating to $5.74 per share, compared to a profit of $22.2 million or $1.52 per share a year ago. The loss is largely due to a $180.1 million impairment charge on its bitcoin holdings.

- **Bitcoin Holdings:** The company now holds 226,500 bitcoins, acquired for $8.3 billion at an average of $36,821 per token. At the current price of $63,500, these assets are worth about $14.4 billion.

- **Revenue:** Q2 revenue came in at $111.4 million, missing analyst estimates of $122 million.

- **Stock Split:** A 10-for-1 stock split was announced in July and is now effective.

CEO Phong Le remains optimistic about bitcoin adoption, citing increased support from politicians and institutions. 📈

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