Microstrategy widens losses after $170m Bitcoin impairment charge – City AM

The company yesterday revealed that in the first three months of the year net losses widened from $112m to $133m while revenue dipped by three per cent, falling from $123m to $119m.

The company also announced Andrew Kang, the former chief executive of tech company Greensky, will take over from Phong Le as chief financial officer later this month.

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