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re: Anyone buying MicroStrategy Inc (MSTR)?

Posted on 3/13/24 at 4:58 pm to
Posted by Double Oh
Louisiana
Member since Sep 2008
18238 posts
Posted on 3/13/24 at 4:58 pm to
Currently $1766


wow $125 in 2020
Posted by umrebel2009
Member since Feb 2010
7306 posts
Posted on 3/13/24 at 5:08 pm to
For anyone keeping up, Michael Saylor just bought like $200 million more in Bitcoin on Microstrategy's books.

He's also announced proposal for private offering of $500 Million of convertible senior notes... to buy more Bitcoin with.


Everytime Bitcoin goes up 1% Microstrategy seems to go up around 10%
This post was edited on 3/13/24 at 5:09 pm
Posted by slackster
Houston
Member since Mar 2009
85489 posts
Posted on 3/13/24 at 8:56 pm to
quote:

wow $125 in 2020


It was below $200 literally a year ago.

It’s basically leveraged BTC. It’s up more than double BTC’s rally this year.
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