What price would #Bitcoin have to be for MicroStrategy to be the leading US company?
Has anyone done the maths?
#asknostr
Discussion
No idea but I do know the price needed for that will always decrease over time, as they continue to accumulate bitcoin.
My napkin math says:
For #MicroStrategy’s #Bitcoin holdings to surpass #Apple market cap of $3.36 trillion on September 17, 2024, the price of Bitcoin would need to reach approximately $13.73 million per #BTC.
This doesn’t take into considering the BTC MicroStrategy will continue to accumulate over time + their cash flow business and any new services they introduce, likely derived from bitcoin.
Should be any day now
Funny thing is $13million/Bitcoin is nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m's base case from his recent presentations. Probably nothing.
He copied your napkin maths 🙄
We also didn't factor in the possibility that Apple could start buying #Bitcoin and potentially usurp (unlikely) MicroStrategy's stack