$PRME offering officially closed at $3.50, with the underwriters’ option exercised in full. $143.7M gross raised ($134.7M net), extending expected cash runway through 2027.🚀🚀🚀
The fact that you can still buy $PRME “god technology” under $4 is insane to me. Macro pressure weighing on something with this kind of potential feels absurd. Those headwinds are behind us...
@MSTR_simulator They’ve been explicit: they’ll only sell it at par. That means if it trades below par, they need to show the market they’ll do whatever it takes to bring it back.
This is the way to build confidence and start printing billions.
@marc02200 $BTC is too close to $MSTR’s avg price and it makes new money nervous. Once BTC moves up $STRC will start printing money very fast and at volume.
@ZynxBTC@BritishHodl 😱 it is shocking to me that people still completely misunderstand the levers of $MSTR. If, god forbid, they start buying back shares above mNAV of 1, I’m out of $MSTR.
I picked up a lot of $MSTR earlier this year at bargain prices, planning to sell once it moved higher. Changed my mind. I’m adding here (not selling). I think we see $100K $BTC before year-end, and new all-time highs for $MSTR feel inevitable to me. It’s a matter of when, not if.
@ZynxBTC The money is not leaving the company. Buying your own debt doesn’t change net assets.
The only cost is opportunity cost to buy BTC, but at suppressed mNAV you are better off getting back to par than buying BTC, when funded through $MSTR.