TrumpSupporter : MSTR at a premium to bitcoin
103362526 : He has money to buy bitcoin because he sells stocks.
WhyDown : MSTR has 402,100 bitcoins. At $103k, that's about $41.4 bil. But MSTR market cap is close to $100 bil now. So it is trading at a premium.
All in everytimes 103362526 : If you sell stocks to buy bitcoin, in the end, it will all be stock investors footing the bill, and the CEO can take the money and run.
JiakBS WhyDown : U forgot about it’s debt and how this stock will be diluted
103362526 All in everytimes : In the end, this is definitely the outcome. But it should still be early.
TrumpSupporter : MSTR at a premium to bitcoin
103362526 : He has money to buy bitcoin because he sells stocks.
WhyDown : MSTR has 402,100 bitcoins. At $103k, that's about $41.4 bil. But MSTR market cap is close to $100 bil now. So it is trading at a premium.
All in everytimes 103362526 : If you sell stocks to buy bitcoin, in the end, it will all be stock investors footing the bill, and the CEO can take the money and run.
JiakBS WhyDown : U forgot about it’s debt and how this stock will be diluted
103362526 All in everytimes : In the end, this is definitely the outcome. But it should still be early.