Protos
Protos
BTC-4.20%
🐔 MICROSTRATEGY: NO SHAREHOLDER SPARED @Strategy dumped ALL FOUR classes of its public securities - $MSTR, $STRF, $STRK, $STRD - in a single week to raise $472M for more $BTC. Diluting shareholders to buy bitcoin for shareholders... đŸ§”
The math is wild: They sold $MSTR shares at a 1.7X premium to their bitcoin holdings, then immediately used that money to buy $BTC at $111,827 each. 🚀 Bitcoin then rallied to $122K, putting every purchase in profit. Sometimes the circular economy actually works.
MicroStrategy now owns 601,550 bitcoin - that’s 2.9% of the entire maximum supply. ⚠ They hold more BTC than @binance and are closing in on BlackRock’s $IBIT ETF. At this rate, Saylor’s going to own more bitcoin than some small countries have GDP.
The strategy is beautifully absurd: dilute existing shareholders by selling them more shares at inflated prices, use that money to buy bitcoin, watch bitcoin pump, repeat. It works because investors keep bidding up $MSTR to a premium. The house of cards keeps growing taller.
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