MicroStrategy, an American firm, has released its first-quarter financial results.

While the American Company MicroStrategy has underlined the $170 million impairment in non-cash digital assets according to the first quarter data; they stated that they will continue to hold their Bitcoin (BTC).

MicroStrategy has stated in its first quarter report that while non-cash digital assets were impaired by $170 million; they still held BTC. American Company MicroStrategy, one of the well-known figures in the crypto money industry, published the first quarter report of 2022. The company recorded impairment of non-cash digital assets worth $170.1 million. This is a concept that reflects the decrease in BTC price relative to the price at which Bitcoin was purchased. Still holding Bitcoins After the rumors in the past weeks, the company stated that it continues to hold the Bitcoin assets it bought. The company holds 129,218 Bitcoins, which it bought at a total cost of $3.97 billion. The cost of this amount per Bitcoin corresponds to $30,700. This amount is stated as 5 billion dollars for BTC, which is traded at $38,907 at the time of this publication.