#microstrategy has its Q3 2024 earnings call 5pm EST today.
I’m expecting:
1. They purchased at least 15,000 new #btc
2. New convertible shares offering to raise another $2billion to buy #bitcoin
3. Company pivot to “Bitcoin Treasury Company” as @saylor keeps alluding to on X
4. Brief discussion of indicies inclusion in coming months
5. #mstr stock drops down 15%
6. I buy more MSTR
What do you think? #asknostr #grownostr
I never looked at MSTR.. I mean, not for a long time. Are they at a discount or at a premium?
Always a premium. But they’re 100%+ #bitcoin. So if #btc is going up forever…
Living life one meme at time
There's no arbitrage for me at 100%. Convertible bonds are awesome though.
Its a 2-3x levered BTC play with no fees.
It has its benefits. A black swan event would murder it so theres that.
All seems reasonable except for #5, but it is the stock market so will most likely happen.
wow, it actually went down 15%...how did you know?