Today I checked the MSTR Tracker and just realized that the average purchase price of BTC of MicroStrategy has increased significantly to approx. 56k. This is actually quite a significant value while the whole "business model" of MSTR is to use leverage (through selling debt and diluting their shares) to buy and pop-up BTC's value. MSTR's everage cost basis per BTC. Is this a potential catastrophic issue? [link] [comments] |
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