Nostr Web Client

I was curious so I did the math.

MicroStrategy owns 129,218 BTC. They have 12,900,000 stock shares outstanding and the current share price is $300.

One share of $MSTR is sort of (but not really) like owning 1 share of their BTC treasury. The math works out to 0.01001689 BTC per $MSTR share.

However, holding your own keys is infinitely better than owning stock, and buying 0.01001689 BTC right now would cost ~$280, which is $20 cheaper than $MSTR.

So while sharing a portion of $MSTR's massive bitcoin fortune is an interesting idea, you will be better off to just buy #bitcoin and take self custody.

The end 😊

LN+ 2y ago

Unless you want to be exposed to BTC’s appreciation without owning it directly to avoid criticism or regulations. 😉

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Discussion

arkinox 2y ago

True! I'd rather hold $MSTR than any other stock. They will be a collosal supercorp with infinite resources someday soon.

LN+ 2y ago

Yes. They obviously can build stuff and make it generate funds. Curious to see what they will build for lightning.

Heri Sim 2y ago

So true. But how would you zap then?

#onlyzaps

https://onlyzaps.club

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