Correct: So 46 bil in BTC: + 2 Bil or so cash: – 9 Bil of debt = 39 bil: Market cap is 35 bil. So 11% discount with debt included and at a 65k bitcoin price. Reply
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MSTR has 8.2 billion dollars of debt you should consider if you liquidate the BTC holdings.
Correct: So 46 bil in BTC: + 2 Bil or so cash: – 9 Bil of debt = 39 bil: Market cap is 35 bil. So 11% discount with debt included and at a 65k bitcoin price.