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SpaceX Starship Flight 6 is scheduled for November 19 at 5:00 PM EDT /November 20 at 6:00 AM SGT /November 20 at 9:00 AM AEST. Subscribe NOW to join the live webcast to catch a rocket from space!
SpaceX is making preparations for the sixth test flight of the world’s most powerful rocket, Starship. The company has been taking a “fail fast, learn fast” approach to research and development more akin to the world of Silicon Valley th...
SpaceX Starship Flight 6 is scheduled for November 19 at 5:00 PM EDT /November 20 at 6:00 AM SGT /November 20 at 9:00 AM AEST. Subscribe NOW to join the live webcast to catch a rocket from space!
SpaceX is making preparations for the sixth test flight of the world’s most powerful rocket, Starship. The company has been taking a “fail fast, learn fast” approach to research and development more akin to the world of Silicon Valley th...
SpaceX Starship Flight 6
Nov 19 16:00
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$MicroStrategy (MSTR.US)$ Recently, it has risen sharply!!!
I don't know if many people are paying attention to this company, but I have actually been following it since the intensification of the US presidential election at mid-year.
Let's talk about how to buy and sell Bitcoin (BTC) in MicroStrategy today, as well as how they make money, why they separate micro and macro, whether their Bitcoin holdings can be preserved in case of company liquidation, and finally discuss the major risks they face.
Introduction to MicroStrategy's business briefly.
$MicroStrategy (MSTR.US)$ It started out as a company mainly doing business analysis BI tools (data analysis, visualization tools), with an annual revenue of about 3-4 billion US dollars, obviously not a particularly impressive company.In August 2020, the company began buying Bitcoin, thereby entering the cryptocurrency sphere.
Second, MicroStrategy's positioning and main methods for buying and selling BTC.
1.The accounting entry for the purchase of BTC is classified as assets and liabilities, not profit and loss.MSTR's positioning of buying bitcoin is not simply for investment income, but rather considered as part of the balance sheet. In other words, it will be recorded under "assets" in the accounting entries, rather than under "profit and loss", similar to a traditional company buying property instead of you investing in a security. The most important aspect of asset-class items is to preserve and increase value, which also determines...
I don't know if many people are paying attention to this company, but I have actually been following it since the intensification of the US presidential election at mid-year.
Let's talk about how to buy and sell Bitcoin (BTC) in MicroStrategy today, as well as how they make money, why they separate micro and macro, whether their Bitcoin holdings can be preserved in case of company liquidation, and finally discuss the major risks they face.
Introduction to MicroStrategy's business briefly.
$MicroStrategy (MSTR.US)$ It started out as a company mainly doing business analysis BI tools (data analysis, visualization tools), with an annual revenue of about 3-4 billion US dollars, obviously not a particularly impressive company.In August 2020, the company began buying Bitcoin, thereby entering the cryptocurrency sphere.
Second, MicroStrategy's positioning and main methods for buying and selling BTC.
1.The accounting entry for the purchase of BTC is classified as assets and liabilities, not profit and loss.MSTR's positioning of buying bitcoin is not simply for investment income, but rather considered as part of the balance sheet. In other words, it will be recorded under "assets" in the accounting entries, rather than under "profit and loss", similar to a traditional company buying property instead of you investing in a security. The most important aspect of asset-class items is to preserve and increase value, which also determines...
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