Based on a (conservative) full year diluted earnings projection of $80/share, #MSTR (share price ~$400/share) is currently trading at a P/E of approximately 5.
lol
Eat your heart out, value investors.
https://seekingalpha.com/news/4475909-strategy-q2-earnings-blow-past-consensus-aided-by-bitcoin-rally-delivers-strong-guide
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Replies (13)
Warren Buffett down bad
Treasury companies are gay
That actually makes sense now that you put it that way. The thing is, it still goes against the "...without going through a financial institution" ethos.
I think I'm too autistic to invest in Strategy. Do they use multi-institutional custody or just trust Coinbase with SSS?
Was waiting for this release. Hahah
This is the brilliant insight I'm here for!
They don't publicise it afaik. But it's spread between a several different US based custodians. This unknown is one of the prices you pay for potential higher return than btc.
What do you think is a fair market cap for Strategy right now?
Trust, don't verify.
In this case, yes
You are totally bullish on #Bitcoin, you must view treasury companies as simply harvesters for the government!
Look at all these retards so excited to get paper bitcoin so saylor and the US gov can stack real bitcoin.
Saylor just blew it out of the water. 🤯
So P/E of 5 is good or bad indication?