it went down more than i thought it would, none of the fomo redditors or stocktwitters or whatever know anything, they just bought the top and panic sold the bottom irrationally.
if you look it up mstr already announced the 3 billion bond sale is completed so they now have 3 billion in cash (even assuming they didn't sell any today, which i bet they did), 32 + 3 is 35 and todays closing market cap was 72
pretend for the sake of argument they sold 2 billion today (i would have sold more at the lofty 530-3.7x premium), they have at least 37 billion bitcoin in bitcoin, the question is, where do you think bitcoin is going next year? if bitty peaks at 150k that would give 60 billion nav without any premium at all, even 1.5x is more than today's closing price.
and the 21/21 program, i think they've used 8 billion of that? that's already 32+32 = 74 billion from just completing that, without bitcoin going up from here in bull market with trump's treasury and other nations buying it and stuff
they have 18 billion worth of share sales available (not counting today), if they sold all of that at 525 it would have been a 12% dilution for a 40% gain in bitcoin
not trying to convince you to buy my bags or anything it's just stupid the market did a parabolic meme stock fomo-panicsell move when if you believe in bitcoin this will almost certainly be up more from here than other stocks, but you guys can keep buying biotech penny stocks that drop 40% because some trial failed, and they'll definitely never come back up, i'm still at 200% profits with this