---
title: "MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues"
url: https://diffcoin.com/microstrategy-q1-net-loss-hits-53-1m-but-bitcoin-buying-spree-continues/
description: "MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally…"
published: 2024-04-30
updated: 2024-04-30
author: "Mila"
site: "Diffcoin"
---

# MicroStrategy Q1 net loss hits $53.1M but Bitcoin buying spree continues

MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account.

[Source link](https://cointelegraph.com/news/microstrategy-records-q1-net-loss-bitcoin-buying-spree-continues)