MicroStrategy has submitted a new earnings report for the last quarter of 2022. It says that the bitcoins it owns made an unrealised loss of around $197.6m.

Current CFO Andrew Kahn also added that the company will continue with its bitcoin hoarding strategy:

"I am pleased to report that we increased our holdings to 132,500 BTC again last quarter. Our corporate strategy and belief in bitcoins remains unchanged," he stated.