MicroStrategy reported second-quarter earnings, reporting a net loss of $102.60 million, or $5.74 per share, compared with revenue of $22.20 million, or $1.52 per share, in the same period last year. The loss was due to the company taking a $180.10 million impairment provision on its bitcoin holdings, compared to $24.10 million in the second quarter of last year. As of July 31, MicroStrategy held 226,500 bitcoins, an increase from mid-June, the report showed. The 226,500 bitcoins were bought for $8.30 billion, an average of $36,821 each. At current prices of $63,500, the assets are worth about $14.40 billion. The company said its "BTC yield" is 12.2% so far this year, and it aims to reach 4% to 8% annually for the next three years.