dpark on Nostr: It seems like the BTC per share would go up only if MSTR is able to buy more bitcoin ...
It seems like the BTC per share would go up only if MSTR is able to buy more bitcoin (at $65k) with the money raised ($700m) than the number of notes that are converted into shares (at $1.5k).
However, $700M/ $.065M < $700M / $.0015
Am I getting this wrong?
preston (npub1s5y…6q7z)Published at
2024-03-07 23:33:40Event JSON
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"content": "It seems like the BTC per share would go up only if MSTR is able to buy more bitcoin (at $65k) with the money raised ($700m) than the number of notes that are converted into shares (at $1.5k).\n\nHowever, $700M/ $.065M \u003c $700M / $.0015\n\nAm I getting this wrong? \nnostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z",
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