Tech_with_Nitin

I share insights on tech & investing from what I read & listen. Love finding exponential ideas (17’- TSLA, BTC, SNAP; 24’- MSTR). 🎓USC, ex-Salesforce, Deloitte

[Tech_with_Nitin @nitin2050]

My key takeaways from Microstrategy ($MSTR) latest earnings presentation (Q2).

1) Largest corporate holder of #Bitcoin
- Acquired ~12.2k additional $BTC since Q1 at an avg. price of ~$66k.
- Total $BTC holding = 226.5k (~1.1% of total supply), acquired at a total cost of $8.34B and avg. price of $36.8k. Represents $14B at today's price.
- Announced a new $2B equity offering to buy more $BTC.

[Tech_with_Nitin @nitin2050]

@elonmusk @Sajwani @SenWarren #Bitcoin is energy

[Tech_with_Nitin @nitin2050]

@riteshmjn This time our no. 1 export (labor) is under significant threat…due to AI (add to it all the macro conditions and oil inflation)

[Tech_with_Nitin @nitin2050]

@MerlijnTrader In a recession, could be easily 1/4th, ~500B

[Tech_with_Nitin @nitin2050]

@teddyschleifer The probability of this outcome at one point was 0 due to back to back failed missions. When you have the balls to believe in the impossible and take the risk in spite of all the odds, it is very well deserved.

[Tech_with_Nitin @nitin2050]

@TheSignOfFive Baat me Sachai to hai… things have under under modi… but baat me dam hai

[Tech_with_Nitin @nitin2050]

@SahilBloom In a way, it is the art of moving on. How quickly are you willing to forget or forgive and chase the bigger good/goals.

[Tech_with_Nitin @nitin2050]

@OrevaZSN Great advice

[Tech_with_Nitin @nitin2050]

@AlbertAlan Will @chamath finally have his SPAC redemption moment with $OPEN and $CLOV projected to kill it in coming years?

[Tech_with_Nitin @nitin2050]

@the2ndfloorguy This is brilliant idea.🤣

[Tech_with_Nitin @nitin2050]

@sandeep_PT Great observation. Incentives drive behavior.

[Tech_with_Nitin @nitin2050]

@NBDwrites Shiv sena fucked up big time… other wise they were the most natural forever partner of BJP on this ideology…

[Tech_with_Nitin @nitin2050]

@saurabh_42 Ashish Nehra… and his coaching is probably a major reason

[Tech_with_Nitin @nitin2050]

@microcp2mltibgr @mukeshchauhan You always get it at a price.

[Tech_with_Nitin @nitin2050]

@BoringBiz_ Everyone is competing against LLMs and the person who can use it most effectively.

[Tech_with_Nitin @nitin2050]

@chasing_highs Anything that doesn’t breaks you makes you stronger and wiser…

[Tech_with_Nitin @nitin2050]

@total_woke_ With his power and influence, he could have easily made a Singapore here…

[Tech_with_Nitin @nitin2050]

@thogge @patrick_oshag @chamath nailed it. Investing is a single player game. Consensus mostly gives subpar results.

[Tech_with_Nitin @nitin2050]

@KevinNaughtonJr Well said.

[Tech_with_Nitin @nitin2050]

@dmuthuk Being right at the wrong place...

[Tech_with_Nitin @nitin2050]

@Jason $TSLA can build it from scratch probably much more easily. Buying an existing company also brings its headaches along.