SHSS on Nostr: Orange pillers be like “but how do we really know they actually have the ...
Orange pillers be like “but how do we really know they actually have the bitcoin”.
Then they go comparing a publicly traded company to an offshore obscure shitcoin casino and be like “it’s only a matter of time before MSTR goes the way of FTX”
Then they go comparing a publicly traded company to an offshore obscure shitcoin casino and be like “it’s only a matter of time before MSTR goes the way of FTX”
quoting note1732…608vPublic company. Jail for lies.
Public Disclosures: MicroStrategy regularly discloses its Bitcoin holdings in its financial reports, including its quarterly and annual reports (10-Qs and 10-Ks) filed with the U.S. Securities and Exchange Commission (SEC). These disclosures include the number of Bitcoins held, the average purchase price, and the current market value of their Bitcoin holdings.
- Press Releases and Statements: The company frequently issues press releases to announce new Bitcoin purchases or updates on their strategy. For instance, they've publicly stated their intentions to continue accumulating Bitcoin with plans to raise significant capital specifically for this purpose.
- Bitcoin Holdings Chart & Purchase History: Websites like treasuries.bitbo.io provide a visual representation of MicroStrategy's Bitcoin holdings based on public disclosures, showing the growth of their Bitcoin stash over time.
- Audit and Transparency: While MicroStrategy does not have a direct, live proof-of-reserves like some crypto exchanges might, their regular SEC filings provide a form of audited proof since these are subject to regulatory scrutiny and require accurate reporting.