Microstrategy says they won't have enough cash to pay expenses. May have to sell Bitcoin but have other options.
Looks like a good bottom signal at some point if people start freaking out.
Discussion
Not to be a “source seagull”, but that can’t be true. He just in the last few weeks took more debt to buy more BTC.
Sure, I get it
Page 33
Interesting. Crazy being a Public company and needing to make all this public. A lot of people want to see Saylor fail. Will be interesting to see what happens/how much downward price pressure there will be. Could be a self filling prophecy.
“Staying humble and stacking Sats”is a way of life. Maybe Saylor needs to focus a little more on the first half of that. Time will tell
It says they have enough cash in hand for 12 months and anticipate future flows to cover it. Obviously they would sell some if they needed to.
12 Months puts it right at the halving. Maybe a big dip like the 2020 covid crash also before the halving? 🤔 A gift to the hodlers.