telluride on Nostr: Very good chance #MSTR reports using FASB in Q2. But if it were to report in Q1 with ...

Very good chance #MSTR reports using FASB in Q2.

But if it were to report in Q1 with bitcoin at 100k:
- $45Million earnings w/o FASB
+ $16Billion w/ FASB. 🤯

Trad-fi is probably not going to know what to do with it.

Namaste.
🧡🍻👊🏻

quoting note1s4d…nxjm

So TSLA booked a 600M dollar profit in Bitcoin gains due to the new FASB rules and MSTR currently has 45x that amount of Bitcoin on the balance sheet

I’m aware MSTR has a different cost basis however if all things being equal MSTR would book a 27 BILLION dollar profit in Q1 coming up really quickly here on Wednesday

The stock market is not ready for what comes next and I don’t think the algorithms have priced any of this in yet

MSTR has to go so much higher from here

#MSTR #FASB