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re: Anyone buying MicroStrategy Inc (MSTR)?

Posted on 12/1/20 at 9:57 am to
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11301 posts
Posted on 12/1/20 at 9:57 am to
How do their revenue channels do? Do you know anything about the company's leverage, margins, FCF? Is it's a solid software company it becomes more interesting. But BTC itself is becoming interesting to me if it starts getting institutional backing. Druckenmiller, Paul Tudor Jones, and Andrew Left all have long exposure.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80858 posts
Posted on 12/1/20 at 5:33 pm to
quote:

How do their revenue channels do? Do you know anything about the company's leverage, margins, FCF? Is it's a solid software company it becomes more interesting. But BTC itself is becoming interesting to me if it starts getting institutional backing. Druckenmiller, Paul Tudor Jones, and Andrew Left all have long exposure.

No debt and ~$30MM of free cash flow each year. I'm not a huge fan of investing in small tech companies like this, but the underlying business is a decent hedge and ultimate propulsion that they will continue making cash and likely turning it into bitcoin in the future.
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