What’s the micro, micro, MICRO version of Microstrategy $MSTR?
My crude summary of Saylor’s move is to issue corporate debt to buy bitcoin, and as it has appreciated significantly over time, the value of MicroStrategy's holdings has surged, outstripping the costs of the loans.
A bold arbitrage.
So, I’m keen to know if anyone is doing this at a lower level - eg a private, bland business?
I own a biz generating 27% NPAT.
#bitcoin #business
/ Leigh Gant
npub1ar…0wt67
2024-09-23 22:32:08
Author Public Key
npub1ardh9eaee70n3g3ly2d5p57m0cvktjzks7zlqz439tskqy2lma0s50wt67Published at
2024-09-23 22:32:08Event JSON
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"content": "What’s the micro, micro, MICRO version of Microstrategy $MSTR?\n\nMy crude summary of Saylor’s move is to issue corporate debt to buy bitcoin, and as it has appreciated significantly over time, the value of MicroStrategy's holdings has surged, outstripping the costs of the loans. \n\nA bold arbitrage.\n\nSo, I’m keen to know if anyone is doing this at a lower level - eg a private, bland business?\n\nI own a biz generating 27% NPAT.\n\n#bitcoin #business",
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