Overview

• MicroStrategy's net loss for Q2 2024 was $102.6 million, a stark contrast to the $22.2 million income from the previous year.
• The company's Bitcoin holdings increased to 226,500 BTC, valued at approximately $14.4 billion at current prices.
• An impairment charge of $180.1 million was recorded against the Bitcoin holdings, contributing to the overall loss.
• Revenue from subscription services rose by 21% year-over-year, reaching $24.1 million.
• MicroStrategy executed a 10-for-1 stock split to make its shares more accessible to investors and employees.