I don’t quite understand bitcoin, but this company seems to be making some real smart moves here. They’ve got 640K Bitcoin and they are leveraging those holdings to buy more. 11% Debt/BTC NAV is not big leverage, but it gives them big moves.
The whole thing can come crashing down if BTC goes poof. But if it doesnt, this can be quite interesting.
Few interesting things to look at further —
+ https://strategytracker.com/
+ https://tokeninsight.com/en/research/analysts-pick/microstrategy-s-nav-premium-and-btc-yield … mNAV was 2.7 in May, its 1.42 today; mNAV could be falling because they are issuing more shares and as a result the BTC holdings/share are fewer.
+ https://my.tradingview.com/script/f1az22Lx-MSTR-mNAV-Indicator/?utm_source=chatgpt.com
+https://www.strategy.com/purchases
+ https://stockcharts.com/sc3/ui/?s=MSTR&p=W&yr=5&mn=0&dy=0&id=p18240702326
+ https://stockcharts.com/h-sc/ui?s=%24BTCUSD&p=W&yr=%2&mn=%3&dy=0&id=p66175140057