Hey @joerogan , @saylor’s a must-interview. Strategy’s operational profits were ~$400M'ish (~$75M/year, non-GAAP) over the 5 years, yet he was still able to grow his Bitcoin holdings by $58,500,000,000—~146X his profits. Why this is so noteworthy is he was able to do this WITHOUT jeopardizing the Financial health of the company, in fact, it IMPROVED over this same period of time, for instance Debt-to-Equity improved (1.0 to 0.25, 2020–2025). Saylor outperformed Nvidia and MAG7 (3,313% vs. Nvidia's 2,000%). But the bigger story is WHY this is all possible!? And the answer is fiat currency is dying. Michael deeply understands how and why that's happening and he's taking advantage of it. I would think this is one of the most interesting interviews you could possible have. Especially in the face of the US adopting a Bitcoin Strategic reserve and other nation states announcing the same. What am I missing?
MicroStrategy has acquired 15,400 BTC for ~$1.5 billion at ~$95,976 per #bitcoin and has achieved BTC Yield of 38.7% QTD and 63.3% YTD. As of 12/2/2024, we hodl 402,100 $BTC acquired for ~$23.4 billion at ~$58,263 per bitcoin. $MSTR https://t.co/K3TK4msGp0
Year to date, $MSTR's treasury operations delivered a BTC Yield of 59.3%, providing a net benefit of ~112,125 BTC to our shareholders, or ~341 BTC per day. At $100K per BTC, that would equate to $11.2 billion for the year so far, or $34.1 million per day.
With our 0% convertible note offering:
- We acquired 5,771 BTC so far, at an average price of $95,554 per BTC.
- 35% BTC Yield Per Share
- Total owned BTC: ~33,875 BTC, currently valued at $3.4B based on a spot BTC price of $99k.
I am excited to present the keynote '#Bitcoin: The Digital Gold Rush' at the H.C. Wainwright Annual Global Investment Conference next week in Manhattan. You can join us in-person or virtually via the link below:
https://t.co/4qN6gEajZ6
"I will sign another executive order directing the US Treasury to purchase 550 #Bitcoin daily until the US has built a reserve of at least 4 million Bitcoins." - @RobertKennedyJr