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Microstrategy Inc MSTR

MicroStrategy Incorporated is a bitcoin development company. It is engaged in the development of the bitcoin network through its activities in the financial markets, advocacy and technology. It designs, develops, markets and sales its software platform through licensing arrangements and cloud subscriptions and related services. It provides artificial intelligence-powered business intelligence, and enterprise analytics solutions. It offers software and services designed to turn complex, chaotic data environments into rich, reliable, and convenient information feeds for its customers. Its cloud-native flagship, MicroStrategy ONE, powers some of the analytics deployments in the world for customers spanning a range of industries, including retail, banking, technology, manufacturing, insurance, consulting, healthcare, telecommunications and the public sector. MicroStrategy ONE provides non-technical users with the ability to directly access novel and actionable insights for decision-making.


NDAQ:MSTR - Post by User

Comment by James72on Dec 16, 2024 8:47pm
52 Views
Post# 36365357

RE:Plan to buy 42B worth of BTC can't be priced in

RE:Plan to buy 42B worth of BTC can't be priced inWell I don't know but he has already done $17B (40%, plus whatever they did today) so I guess something is priced in. $15B has been done since Nov12th. Bitcoin is up $16,000 since then so at this pace the other $25B is worth about +$25,000 to the price of Bitcoin (probably less because impacts will lessen over time) . So the real question, is how many more buyers will he pull in? Will the sellers that have filled him in over the last $15,000 back away from the offer? Certainly he has been beating the drum so we will see who responds.
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