If this doesn’t make you feel bullish about MSTR, nothing will.
1) The company’s net leverage is reduced to 0%
2) Bitcoin is at 78k and the company’s average purchase price is around 75k.
3) The sum of the company’s two cash reserves already covers 100% of the convertible debt.
4) The company’s mNAV is 1.07x
5) Amplification on BTC is 1.29x
6) Massive liquidity: the stock has an average volume over the last month of +2.3 billion per day.
7) They survived the Bear with a massive amount of Bitcoin at +845.050 coins.
8) The Bear taught them to manage the balance sheet better and make it smarter.
The only bearish case left is the cYcLe of BItCoIn
$MSTR $BTC
1) The company’s net leverage is reduced to 0%
2) Bitcoin is at 78k and the company’s average purchase price is around 75k.
3) The sum of the company’s two cash reserves already covers 100% of the convertible debt.
4) The company’s mNAV is 1.07x
5) Amplification on BTC is 1.29x
6) Massive liquidity: the stock has an average volume over the last month of +2.3 billion per day.
7) They survived the Bear with a massive amount of Bitcoin at +845.050 coins.
8) The Bear taught them to manage the balance sheet better and make it smarter.
The only bearish case left is the cYcLe of BItCoIn
$MSTR $BTC
