FTB on Nostr: Prior to this buy $MSTR held 158,400 #bitcoin and had 14,221,000 shares outstanding. ...
Prior to this buy $MSTR held 158,400 #bitcoin and had 14,221,000 shares outstanding. Giving each share equivalent ownership of ~.01113 BTC.
Now there are 15,410,588 shares outstanding with each having the equivalent ownership of ~.01132 BTC.
This is a +1.7% increase in the bitcoin holdings per share.
This is NOT dilution. Few understand!
https://x.com/saylor/status/1730226879125160426?s=46&t=V27jJ5Ixsb9ZMB1SrtddYAPublished at
2023-11-30 15:02:25Event JSON
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"content": "Prior to this buy $MSTR held 158,400 #bitcoin and had 14,221,000 shares outstanding. Giving each share equivalent ownership of ~.01113 BTC.\nNow there are 15,410,588 shares outstanding with each having the equivalent ownership of ~.01132 BTC.\n\nThis is a +1.7% increase in the bitcoin holdings per share.\n\nThis is NOT dilution. Few understand!\n\nhttps://x.com/saylor/status/1730226879125160426?s=46\u0026t=V27jJ5Ixsb9ZMB1SrtddYA",
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