bitvestor on Nostr: My napkin math says: For #MicroStrategy’s #Bitcoin holdings to surpass #Apple ...
My napkin math says:
For #MicroStrategy’s #Bitcoin holdings to surpass #Apple market cap of $3.36 trillion on September 17, 2024, the price of Bitcoin would need to reach approximately $13.73 million per #BTC.
This doesn’t take into considering the BTC MicroStrategy will continue to accumulate over time + their cash flow business and any new services they introduce, likely derived from bitcoin.
For #MicroStrategy’s #Bitcoin holdings to surpass #Apple market cap of $3.36 trillion on September 17, 2024, the price of Bitcoin would need to reach approximately $13.73 million per #BTC.
This doesn’t take into considering the BTC MicroStrategy will continue to accumulate over time + their cash flow business and any new services they introduce, likely derived from bitcoin.