MicroStrategy's Bitcoin accounting method was rejected by the SEC and its stock fell almost 18%.

01月
22
2022-1-22 12:50
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On Friday, Jan. 21, MicroStrategy's stock price fell nearly 18%, and in addition to the Bitcoin price drop, the Bitcoin Company's accounting quality is not recognized by the Securities and Exchange Commission (SEC ) American. . MicroStrategy announced that buying and holding Bitcoin in 2020 is one of its main business strategies and used non-GAAP revenue in its quarterly report (10-Q) ending September 30. In other words, Bitcoin's volatility is below that. However, the decision was overruled by the SEC on Thursday's data, which rejected MicroStrategy's non-GAAP bitcoin price data and removed the change from future information, which MicroStrategy said would follow. (Yahoo finance)

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2022-1-22 12:53

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