Saylor’s Strategy to register $5.9 billion loss after accounting change

Quick Summary:

Shares of the company formerly knowns as MicroStrategy fell as much as 14% on Monday.

That designation forced Strategy to permanently mark down the value of its holdings when the price of Bitcoin dropped.

Shares of the dot-com-era software maker turned leveraged Bitcoin proxy formerly known as MicroStrategy fell as much as 14% on Monday.

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Article Details

Author / Journalist: Olga Kharif, Tom Contiliano, Bloomberg

Category: EconomyBusiness

Markets: United States

Topics: Cryptocurrency Bitcoin Blockchain

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 18:17:38 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 511 words

Reading Time: 3 minutes read

Sentences: 7 lines

Sentence Length: 73 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27673202

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 80 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publisher ID: #95

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