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#MicroStrategy 's Current Situation:
1. Bitcoin holdings: $55.2 billion
2. Debt holdings: $8.2 billion
3. Cash reserve (announced today): $1.4 billion
4. Bitcoin holdings - Debt + Cash: $48.4 billion
5. Market cap of $MSTR: $45 billion
MicroStrategy's NET #Bitcoin holdings are now $3.4 billion ABOVE the company's market cap.
The market is pricing-in extreme amounts of risk.
$BTC
#BitcoinPriceWatch
The stock is now down -55% since October 6th in one of its steepest declines on record.
$BTC
#BitcoinPriceWatch