🚨MicroStrategy's leverage ratio has dropped below 13% Historically, the target has been 20-25% (h/t Ben Werkman). This is why the stock is "underperforming" compared to Bitcoin. But do not fear. The management team is in the process of clearing the cap structure to lever-up

These people deserve to be mocked

$MSTR is criminally under-leveraged and still trading at a solid ~1.8x premium to Bitcoin holdings. I wonder what happens when they lever up with more converts, enter the preferred stock market, and continue accretive equity issuance. MGU (multiple go up) 🟢☝️

Yes.

Current multiple to Bitcoin holdings is 1.82 with only $7.2B in convertible debt (down to ~$6B with the redemption of the 2027 convertible notes). That is a very generous premium given by the market. Saylor is about to lever up massively.

Saylor: "Right now we are probably getting a little to de-leveraged." Saylor has been preparing this next round of converts/pref stock for months now. The next few months are going to be wild🟢👆

Too* dang it guys I swear I have the goodest grammar.

Vol is a gift to the those who wait.

Dude called for $500 last week

Everyone and their mom calling for the top... I don't buy it. Not yet.

Tbh, I would trust Chad Slime ® over myself.

Gladiator open-sourcing the models😂 x.com/i/spaces/1jMJg…

Bull markets climb a wall of worry.

$750 in Q1

😤

DXY about to drop below 107👀

It isn't a meme that Saylor will buy the top forever. Mechanically, he is able to buy WAY more at the top than he is at the bottom. They are price agnostic accumulators, as long as they don't become forced sellers, they want to acquire as much as possible.

$WGMI down 20% today 💀💀

That's why we own $MSTR🤓

Nothing would change? How about bond yields going to 10%? Yes, we live in an MMT environment, but no one knows how money is actually printed. Abolishing the IRS with no additional revenue source would be catastrophic. (Or decrease gov spending, but that would also crash the