impairment loss

According to reports, Playboy’s parent company Plby Group reported an impairment loss of $4.9 million on Ethereum held in 2022. Plby Group accepts Ethereum as a payment method for its Rabbitars NFT project launched in 2021 and holds it as a digital asset on its balance sheet. PlayboyTV accepted Bitcoin payments in 2018. （Coindesk） Interpretation of this information: Plby Group, the parent company of Playboy, has reported an impairment loss of $4.9 million on Ethereum held in 2022. The company accepts Ethereum as a payment method for its Rabbitars NFT…

It is reported that Meitu announced on the Hong Kong Stock Exchange that since the purchase of cryptocurrency, the Group has not purchased or sold any cryptocurrency according to the cryptocurrency investment plan. According to the International Financial Reporting Standards, the Group is expected to recognize an impairment loss of about 285 million yuan in the annual performance of the Group as of December 31, 2022 for the purchased cryptocurrency. The impairment loss of the purchased cryptocurrency hedges the impact of the fair value gains of some financial assets measured…