📢 MicroStrategy (MSTR) has reported a net operating loss of $53.1 million in Q1, after a digital asset impairment charge of $191.6 million. Despite expectations that the company would adopt the new fair value accounting standard, MicroStrategy chose to value its Bitcoin holdings at $23,680 each, not March's closing price of $71,028. The firm also added 122 tokens to its Bitcoin stack in April, bringing total holdings to 214,400. This would be valued at $13.5 billion at Bitcoin's current price of about $63,000. Shares are down by 3.3% in after-hours trading. What are your thoughts on this? 💬👇