Put this together during breaks at work today. Please let me know if you spot an error in the numbers but assuming I didn’t goof anything the implications for FY25 are interesting. Looks like the massive stock issuance in Q1 had a dramatic effect on MSTR’s BTC holdings per share. Depending on their macro strategy going forward (see what I did there? (k) this could be fine but it is potentially something to consider for people deciding between purchasing MSTR vs just buying BTC itself. Previously, I would have thought that longterm MSTR could be advantageous as you lock your position at time of purchase and the BTC per share would accumulate; however, it may be a long time before we see values equal to FY24. Thoughts or see anything wrong in my numbers?
submitted by /u/BoringPrinciple2542 [link] [comments]r/CryptoCurrencyRead More
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