MSTR's common equity Bitcoin exposure is 7.4% higher than the week of the all-time high.
Yes, even after a 50% Bitcoin price correction, and after adding ~230k Bitcoin in senior claims to MSTR, and adding 141 million basic shares...
CEBE is STILL higher, and CEBE just goes up further when Bitcoin decides to go back up from here.
Dilution FUD killed forever:
MSTR hit $534 on November 21, 2024.
They had 331,200 Bitcoin.
They now have 2.5x that with 843,775 Bitcoin.
Back then they had 224.675M basic shares.
Now they have 371.614M basic shares.
Basic shares are up ~65%, but Bitcoin holdings are up ~155%.
MSTR is going to smash through the all-time high in the next Bitcoin bull run.
MSTR is down -78.7% over the past year.
The S&P 500 is up 19.7% over the past year.
If you DCA'd $10 into MSTR since the Bitcoin strategy began, you'd have $25,250.58
If you DCA'd $10 into SPY since then you'd have $22,842.36.
+16% for MSTR, even after a near 80% price correction.
Are you really gonna get off before the next upswing?
Ride the volatility dragon.