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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 May 02, 2022 4:20pm
112 Views
Post# 34648933

RE:MicroStrategy Drops $190.5 Million Acquiring 4,167 Bitcoin

RE:MicroStrategy Drops $190.5 Million Acquiring 4,167 BitcoinAccording to this posting MSTR ownes 129K coins at an average price of $30,700. Today bitcoin is at $38,500. So gain of $7,800 per coin (less carry/financing costs). Total Gain is just over $1B or $89/share (based on 11.3MM shares). This is no small feat. However, prior to starting to buy bitcoin this company traded between $125-$175 share. So easy to see why it would trade between $215 -$265/share. But why $365/share? Has the underlying business improved enough to justify the rest? Have the creative funding structures created the extra value here? 
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