What is Nostr?
dpark / David Park
npub189x…yrkg
2024-03-07 23:33:40
in reply to nevent1q…739k

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)
Author Public Key
npub189xvm6rtgwz0cct3fedal9vdqcwzq6pjauf8jq038rwt9nvad8lq8pyrkg