“#Bitcoin is the best use of proceeds maybe in the history of the capital markets.”
- nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m on issuing $21B of equity
If #bitcoin is growing at 30-50% CAGR then it’s not unreasonable for the stock to trade at 30-50x PE.
If $MSTR is accreting bitcoin at 6-10% CAGR then
30x10% is a 3x premium to NAV
50x10% is a 5x premium to NAV
https://www.youtube.com/live/TasvNr1gBGs?si=e_jd7BAvtVR9J6cf
nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m
nostr:note17jh2ufne9uh2e7zny8f4u3jy24x9gyv5h5z7uk842nk3yykf6ecqf89rym
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