David Du₿ois
@all_things_btc
#Bitcoin/$MSTR ONLY pleb (2021). Jawa / Engineer / Scientist in real life. Podcast lover. Shitcoin hater. Occasional attempts at humor. Not my real name.
ID: 1393989457418797056
https://zbd.gg/DavidDuBois 16-05-2021 17:59:58
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6,6K Followers
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So here we are, with the first instrument besides operating cash flow and ATM being used to purchase more bitcoin. Some thoughts on this: 1) great to see Eric Semler deliver on his promise to lever up the Company’s balance sheet to buy more BTC 2) I would assume that the note
All thee catalysts for $5M bitcoin as predicted by Michael Saylor are now in place. Bullish $BTC
Stack Hodler In my country it is pretty wild times. Recently abolished the capital gains tax on bitcoin held for 3+ years and now this.
Eric Semler This is mindboggling. SMLR's current market cap is 484.2M Their BTC stack alone is worth 319M. That means their core business. which is currently generating circa 50M in gross profit is valued only at about 165M. If this is not deep value, I don't know what is.