Nostr Web Client

chowcollection 2y ago

According to Bitcoin per share, $MSTR is currently at a discount to spot #Bitcoin price.

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Discussion

やトナ 2y ago

What about NAV?

chowcollection 2y ago

I don’t know. I just look at the Bitcoin 😂

Threelon Musketeers 2y ago

Yes that may be true, but they have debt and do not hold their own keys, it should trade at a discount.

chowcollection 2y ago

I don’t think the market will agree with you on that for very long!

Threelon Musketeers 2y ago

Cash Flow positivity doesn't last forever in any business. The debt and other liabilities should be held against their Bitcoin per share. Tangible Book value per share > Bitcoin per share.

₿ull's Wisdom ∞/21M 2y ago

Well, did you saw Preston's take on this?

https://youtu.be/L0kuVPw8qM0?si=vSTDajcOkj1sAzN4