Bitget - Sponsor Image Bitget - Trade U.S. Stocks via Crypto on Bitget Friend & Sponsor Learn more

MicroStrategy's Infinite Money Machine?

How Michael Saylor is pushing to turn MSTR into a leveraged bet on BTC.
MicroStrategy's Infinite Money Machine?
5
0

Subscribe to Bankless or sign in

Michael Saylor’s MicroStrategy (MSTR) began accumulating BTC in 2020 and never looked back, transforming the get-along software company into a top-performing equity investment of the past two bull cycles in the process.

Despite reporting substantial losses every quarter in 2024, MSTR is still handily outperforming BTC, up an additional 200% on the year-to-date basis after parabolically doubling in price since September!

At MicroStrategy’s most recent earnings conference on October 30, firm executives unveiled their “21/21 Plan,” a strategic initiative to raise $42B in capital (equal to 80% of MSTR’s market capitalization at the time of analysis) from a 50/50 mix of share sales and debt issuance in what is slated to become the largest secondary share offering in U.S. stock market history.

Kostenlos abonnieren, um weiterzulesen

  • Unterstütze die Bankless-Bewegung
  • Zugriff auf Tausende von Artikeln
  • Komplettes Archiv aller Bankless-Episoden
  • Starte kostenlose Quests im Airdrop Hunter
  • Tägliches Alpha direkt in dein Postfach

Bereits abonniert? Anmelden


Jack Inabinet

Written by Jack Inabinet

932 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

No Responses
Bankless durchsuchen