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50 sats \ 2 replies \ @kr OP 13 Mar 2024 \ parent \ on: Is MicroStrategy overvalued or undervalued? bitcoin
reasonable take, i forgot to account for their debt load
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10 sats \ 0 replies \ @grayruby 13 Mar 2024
Easy oversight this day and age. No one cares about debt anymore. Haha
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0 sats \ 0 replies \ @SpaceHodler 14 Mar 2024
But that debt should become a smaller fraction of the NAV as the fiat price of bitcoin rises?
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