Chief Financial Officer Andrew Kang said in a
that the company had continued to stockpile bitcoin"against the promising backdrop of increasing institutional interest, progress on accounting transparency, and ongoing regulatory clarity."reported a net income of $22.2 million for the second quarter of the year compared to a loss of nearly $1.1 billion during the same period in 2022. The company said it had a digital impairment loss of $24.1 million during the quarter, a major decrease from the $917.
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