The value of its digital assets at the end of the quarter was $184 million, down from $218 million at the end of the third quarter due to impairment charges from a decline in bitcoin’s price. At the end of the third quarter, the price of bitcoin was slightly under $20,000, while at the end of the fourth quarter it was around $16,500.
Related posts
-
OP_CAT Proposal to Bring Smart Contracts to Bitcoin Finally Gets a ‘BIP Number’
While Quantum Cats is one of the most popular inscription projects to date, OP_CAT itself is... -
Stacks Launches Nakamoto Upgrade to Enhance Bitcoin L2 Functionality
Stacks has initiated the rollout of its Nakamoto upgrade introducing improvements to its Bitcoin layer two... -
Is Bitcoin Getting Ready For An Explosive Breakout?
The fluctuations in Bitcoin’s price have marked the tempo of the crypto market and the community’s...