on its digital asset holdings of $33.6 million during Q3. Cumulative impairment losses have now risen to $2.23 billion reflecting an average carrying amount per bitcoin of roughly $15,491. That, of course, isn't terribly reflective of the market value as of Sept. 30 of the company's bitcoin, which was $27,030, nor the current price just under $35,000.
Speaking on the earnings call, Saylor said on an earnings call that he thought increasing regulatory clarity in the crypto industry is creating"more comfort for institutional investors to be able to participate." "I think we'll see positive regulatory initiatives that will create more clarity and consistency during the coming 12 months," he added.
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