Listen

Description

thumbnail

Please help to support this channel's work:
https://www.youtube.com/@Bitcoin_University/join

In this video, I discuss MicroStrategy's Bitcoin treasury reserve asset strategy by beginning to go over the basics of raising cash through company operations, debt financing, and equity financing. I discuss the risks of too much debt, as well as the risks from too much shareholder dilution from issuing new shares.

MicroStrategy's current valuation is baking in the market's beliefs that BTC will continue to appreciate, and that MicroStrategy will continue to accumulate more BTC. This is why MSTR trades at a premium to its BTC holdings, while spot Bitcoin ETFs like IBIT (which are redeemable for their BTC, unlike MSTR) trade in line with their Bitcoin holdings, and not at a discount or premium.

Stay tuned for Part 2.

Not investment advice! Consult a financial advisor.

Should You Buy Bitcoin, or Bitcoin Stocks?
https://www.youtube.com/watch?v=1vNG_Nzi2rY&ab_channel=BitcoinUniversity

MicroStrategy's holdings of BTC:
https://bitcointreasuries.net/entities/microstrategy

MicroStrategy has acquired 55,500 BTC:
https://x.com/saylor/status/1861033309934862601

Examples of shares outstanding:
https://ycharts.com/companies/AAPL/shares_outstanding
https://ycharts.com/companies/PFE/shares_outstanding
https://ycharts.com/companies/MSTR/shares_outstanding

MSTR cash flow statement:
https://finance.yahoo.com/quote/MSTR/cash-flow/

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#microstrategy
#saylor

Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
...
https://www.youtube.com/watch?v=MrcZUWoGohI