— Michael Saylor, MicroStrategy
Strategy trades at nine-month low multiple to its bitcoin holdings
Investors are willing to pay the worst premium in nine months for MSTR shares as a multiple of the company’s bitcoin holdings.
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— Michael Saylor, MicroStrategy
Investors are willing to pay the worst premium in nine months for MSTR shares as a multiple of the company’s bitcoin holdings.
— Michael Saylor, MicroStrategy
MicroStrategy reportedly raised $563.4M via its new Series A Perpetual Strike Preferred Stock after targeting just $250M for the raise.
— Michael Saylor, MicroStrategy
MicroStrategy has filed a hybrid securities shelf registration, STRK, to dilute demand for MSTR and buy more bitcoin.
Bitcoin ironically dipped below $94K during the firework-filled climax to MicroStrategy founder Michael Saylor's "$100K" New Year's Eve party.
In November 2022, MicroStrategy had liquidation prices on its bitcoin that the crash almost triggered. Nowadays, its debts are different.
— Michael Saylor, MicroStrategy
Any blackout could devastate MicroStrategy investors who have come to expect weekly BTC buys from Executive Chairman Michael Saylor.
For years, Michael Saylor has promised a ‘very expensive’ party to celebrate BTC hitting $100K. He will host it on New Year’s Eve.
— Michael Saylor, MicroStrategy
MicroStrategy failed to outperform BTC this weekend as its share price and NAV premium came nowhere close to all-time highs.
— Michael Saylor, MicroStrategy
On January 1 next year, the FASB will change an accounting rule regarding the treatment of bitcoin that will benefit MicroStrategy.
Bearish onlookers are increasingly skeptical that MicroStrategy’s flywheel of bitcoin accretion per diluted share can continue much longer.