Saylor was able to sell $21 billion worth of $MSTR ATM since Oct. That’s really fucking incredible and we’re still at $360. Bro is about to double down. How big will the next one be. He’s accelerating at lightspeed.
Discussion
This is insane. As long as the nav is over one he generates bitcoin yield. He’ll do this forever?!
But we are stuck in fiat-land, where hedge funds and individuals need to see price per share in USD go up.
My only thought is he becomes a bank and he dividends out the btc per share so we don’t actually ever care about the fiat share price. I would say this is the end game he has planned.