MiscroStrategy will consider additional opportunities to profit from unnumbered bitcoins on the balance sheet. This is stated in the presentation of financial results for the first quarter of 2022.

During this period, the company’s revenue totaled $119.3 million, expenses – $298 million, $170.1 million ($194.1 million in the first quarter of 2021) resulting from the negative revaluation of 129,218 BTC.

In the January-March period, the company recorded a loss of $170 million ($183.2 million) from operating activities. Net loss was $130.8 million ($110 million).

As of March 31, 2022, the book value of bitcoins was equivalent to $2.896 billion. The figure reflects a cumulative impairment of $1.07 billion since the acquisition and an average book value of ~$22,409 per coin.

The acquisition cost and market capitalization of digital gold were $3.967 billion and $5.893 billion, respectively. The company bought bitcoins at an average of $30,700, while the market valued them at $45,602 on March 31, 2022.

Recall that in March 2022, MicroStrategy secured $205 million in debt financing from Silvergate to purchase bitcoin secured by its own crypto assets.

Earlier, the CEO of the company, Michael Saylor, acknowledged the successful policy of buying digital gold and promised to continue to follow this strategy.

The last time the company invested in the first cryptocurrency was in April, when the investment amount was $190 million.