MSTR BTC Purchases (Patreon)
Published:
2023-10-21 16:36:17
Imported:
2023-10
Content
The good news he is in the black again.
AVG COST $29,582
TOTAL BAG 158,245
TOTAL COST $4,681,203,590
Their return on this investment stands at just over 0%.
MicroStrategy can leverage its Bitcoin position in several ways:
- They might simply wait for the next bull market and then sell. If Bitcoin returns to its previous peak, they could realize a profit of over $5 billion.
- The company does plan to issue more shares to buy more BTC.
- They could transform MicroStrategy into a Bitcoin ETF. While this might sound humorous, considering the lukewarm performance of their software segment, managing an ETF with such vast Bitcoin assets might be a more lucrative venture.
In essence, MicroStrategy's Bitcoin assets provide them with a ton of opportunities.
It's doubtful other companies could replicate their unique situation and garner 1% of BTC
Look fwd to seeing how this stock performs in next bull. MY MSTR bags are packed. I have levered bets on levered bets on a call option on the future