The math behind MicroStrategy’s bitcoin bet
Bitcoin and MicroStrategy are both rallying with win-win math for bondholders and shareholders. Of course, the party can’t last forever.
Bitcoin and MicroStrategy are both rallying with win-win math for bondholders and shareholders. Of course, the party can’t last forever.
As bitcoin rallied, Nayib Bukele tweeted the Just A Chill Guy meme. Immediately, Solana traders pumped that memecoin 65% within 90 minutes.
MicroStrategy started 2023 with a market capitalization of just $1.8 billion. Today, this figure sits at $111 billion.
Michael Saylor’s Class B MicroStrategy stock outvoted Class A 10:1, but so much Class A now exists that he has lost voting control.
Bitcoin is not only rallying after the re-election of Donald Trump but is further fueled by corporate leverage at four public companies.