MASSIVE $42 Billion Capital Raise | Q3 2024 Earnings Call (Supercut)
Listen now
Description
This was a landmark earnings call and Q3 2024 earnings report for Microstrategy and Michael Saylor. They announced a $42 billion dollar 30-year plan to raise capital to purchase more Bitcoin. They also increased their KPI Bitcoin yield target to 6-10%. They are the best performing stock equity in the S&P500 and have the most stock volume and liquidity and options open interest of any company their size (market cap of about $50 billion). They are a growth company and Saylor addressed the mNAV or multiple to net asset value valuation controversy and had to explain how to value the company as a growth bitcoin treasury company.
More Episodes
Microstrategy surged to a new all time high today above $500/share. Is it in a mania bubble? No, at least not yet. In this video we go over the new $2.6B convertible bond at 0% interest, we discuss how to value MSTR stock and the release of the Bitcoin ETF options chain on IBIT, and what rank is...
Published 11/20/24
Can Microstrategy acquire 1,000,000 Bitcoin and potentially hold more Bitcoin than Satoshi Nakamoto or another sovereign nation? I think yes. We also discuss options on the ETF and what the ratio between Bitcoin and MSTR should be in a portfolio.
Published 11/19/24
Published 11/19/24