IroncladFX

Microstrategy Inc. Short Play

Short
NASDAQ:MSTR   MicroStrategy
- MSTR was down 17.84% for the day on Friday and down 254% off ATH's set in February 2021.

- Microstrategy Inc. have taken a company with $500M in revenue and book value of $500M earning 7% on equity and have borrowed $2.1 BILLION, sold $900M in Shares and Purchased $3.2 BILLION BITCOIN.

- MSTR is now a company with still only $500M in revenue but now has $2.2 BILLION debt, $550M in Equity and almost all of its assets in cryptocurrency.

- THIS IS TWNETY ONE TIMES NET DEBT TO EBITDA!!!!

- Market cap is at $4.1 Billion and falling fast, it was $13 Billion in February.

- Top 100 holders of MSTR include: Vanguard Group, Blackrock, Morgan Stanley.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.