Digital Assets	12 Months Ended
Dec. 31, 2021
Intangible Assets Net Excluding Goodwill [Abstract]
Digital Assets	(4) Digital Assets During the year ended December 31, 2021, the Company purchased approximately 53,922 bitcoins for $2.627 billion in cash, including cash from the net proceeds related to the issuance of its 0% Convertible Senior Notes due 2027 (the “2027 Convertible Notes”) and its 6.125% Senior Secured Notes due 2028 (the “2028 Secured Notes”), and the sale of its class A common stock offered under the Open Market Sale Agreement described in Note 13, Open Market Sale Agreement, to the Consolidated Financial Statements. During the year ended December 31, 2020, the Company purchased approximately 70,469 bitcoins for $1.125 billion in cash, including cash from the net proceeds related to the issuance of the 2025 Convertible Notes and the liquidation of short-term investments. During the year ended December 31, 2021, MacroStrategy LLC (“MacroStrategy”) was extended short-term trade credits by Coinbase Credit, Inc., an affiliate of Coinbase, Inc. (the entity that operates the Coinbase exchange, the Company’s principal market). MacroStrategy is the Company’s wholly owned subsidiary formed to hold bitcoins and digital assets that are not included in the collateral securing the 2028 Secured Notes, discussed in Note 8, Long-term Debt, to the Consolidated Financial Statements. The trade credits allowed MacroStrategy to purchase bitcoin in advance of using cash funds in its trading account. The trade credits were due and payable in cash within days after they were extended. Certain of MacroStrategy’s assets, including bitcoin, were subject to a first priority security interest and lien in order to secure the repayment of the trade credits. Effective November 2021, (a) MacroStrategy is required to maintain a minimum aggregate balance in its trading account and collateral account of no less than $75 million in bitcoin or cash at all times trade credits are outstanding and (b) any outstanding trade credits will incur a daily fee of 0.03% simple interest to be paid on the U.S. dollar notional value of the outstanding trade credits. MacroStrategy has only requested trade credits where cash funding was imminent from confirmed sales of stock under the Company’s Open Market Sale Agreement. As of December 31, 2021, MacroStrategy had no outstanding trade credits payable. MacroStrategy may request further such trade credits from Coinbase Credit, Inc.; however, Coinbase Credit, Inc. has no obligation to issue further trade credits. During the years ended December 31, 2021 and 2020, respectively, the Company incurred $830.6 million and $70.7 million of impairment losses on its bitcoin. As of December 31, 2021, the carrying value of the Company’s approximately 124,391 bitcoins was $2.850 billion, which reflects cumulative impairments of $901.3 million. As of December 31, 2020, the carrying value of the Company’s approximately 70,469 bitcoins was $1.054 billion, which reflected cumulative impairments of $70.7 million. The carrying value represents the lowest fair value (based on Level 1 inputs in the fair value hierarchy) of the bitcoins at any time since their acquisition. Therefore, these fair value measurements were made during the period from their acquisition through December 31, 2021 or 2020, respectively, and not as of December 31, 2021 or 2020, respectively. The Company did not sell any of its bitcoins during the years ended December 31, 2021 and 2020. As of December 31, 2021, approximately 13,449 of the bitcoins held by the Company serve as part of the collateral for the 2028 Secured Notes, as further described in Note 8, Long-term Debt, to the Consolidated Financial Statements.

Digital Assets

12 Months Ended

Dec. 31, 2021

Intangible Assets Net Excluding Goodwill [Abstract]

(4) Digital Assets

During the year ended December 31, 2021, the Company purchased approximately 53,922 bitcoins for $2.627 billion in cash, including cash from the net proceeds related to the issuance of its 0% Convertible Senior Notes due 2027 (the “2027 Convertible Notes”) and its 6.125% Senior Secured Notes due 2028 (the “2028 Secured Notes”), and the sale of its class A common stock offered under the Open Market Sale Agreement described in Note 13, Open Market Sale Agreement, to the Consolidated Financial Statements. During the year ended December 31, 2020, the Company purchased approximately 70,469 bitcoins for $1.125 billion in cash, including cash from the net proceeds related to the issuance of the 2025 Convertible Notes and the liquidation of short-term investments.

During the year ended December 31, 2021, MacroStrategy LLC (“MacroStrategy”) was extended short-term trade credits by Coinbase Credit, Inc., an affiliate of Coinbase, Inc. (the entity that operates the Coinbase exchange, the Company’s principal market). MacroStrategy is the Company’s wholly owned subsidiary formed to hold bitcoins and digital assets that are not included in the collateral securing the 2028 Secured Notes, discussed in Note 8, Long-term Debt, to the Consolidated Financial Statements. The trade credits allowed MacroStrategy to purchase bitcoin in advance of using cash funds in its trading account. The trade credits were due and payable in cash within days after they were extended. Certain of MacroStrategy’s assets, including bitcoin, were subject to a first priority security interest and lien in order to secure the repayment of the trade credits. Effective November 2021, (a) MacroStrategy is required to maintain a minimum aggregate balance in its trading account and collateral account of no less than $75 million in bitcoin or cash at all times trade credits are outstanding and (b) any outstanding trade credits will incur a daily fee of 0.03% simple interest to be paid on the U.S. dollar notional value of the outstanding trade credits. MacroStrategy has only requested trade credits where cash funding was imminent from confirmed sales of stock under the Company’s Open Market Sale Agreement. As of December 31, 2021, MacroStrategy had no outstanding trade credits payable. MacroStrategy may request further such trade credits from Coinbase Credit, Inc.; however, Coinbase Credit, Inc. has no obligation to issue further trade credits.

During the years ended December 31, 2021 and 2020, respectively, the Company incurred $830.6 million and $70.7 million of impairment losses on its bitcoin. As of December 31, 2021, the carrying value of the Company’s approximately 124,391 bitcoins was $2.850 billion, which reflects cumulative impairments of $901.3 million. As of December 31, 2020, the carrying value of the Company’s approximately 70,469 bitcoins was $1.054 billion, which reflected cumulative impairments of $70.7 million. The carrying value represents the lowest fair value (based on Level 1 inputs in the fair value hierarchy) of the bitcoins at any time since their acquisition. Therefore, these fair value measurements were made during the period from their acquisition through December 31, 2021 or 2020, respectively, and not as of December 31, 2021 or 2020, respectively. The Company did not sell any of its bitcoins during the years ended December 31, 2021 and 2020.

As of December 31, 2021, approximately 13,449 of the bitcoins held by the Company serve as part of the collateral for the 2028 Secured Notes, as further described in Note 8, Long-term Debt, to the Consolidated Financial Statements.