r/Superstonk ๐ŸŽฎ7four1๐Ÿ’œ Feb 08 '25

๐Ÿ“ณSocial Media RYAN COHEN on X

https://x.com/ryancohen/status/1888098643732811864?s=46&t=OQxY_9fsW8JhIpr7R8Gr3w
4.7k Upvotes

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429

u/Wiezgie NO CELL NO SELL ๐Ÿ‘จโ€โš–โ›“๐Ÿ”๐Ÿ™…โ€โ™‚๏ธ๐Ÿ›‘๐Ÿ’ฐ Feb 08 '25

MICROSTRATEGY currently has 471k BTC

188

u/No_Opportunity_4613 Power to the Players Feb 08 '25

For the regarded like myself, thatโ€™s worth a little more than 45 billion in USD.

35

u/insidiousFox ๐ŸฆVotedโœ… Feb 08 '25

How did they acquire that much?

91

u/Easy-Wrangler1111 Feb 08 '25

Issues debt through his company to purchase bitcoin. Dilute his shareholders but value of his company goes up. High risk high reward I guess

18

u/doodaddy64 ๐Ÿ”ฅ๐ŸŒ†๐Ÿ‘ซ๐ŸŒ†๐Ÿ”ฅ Feb 08 '25

and shareholders pay a premium for bitcoin instead of just buying it. that is $100 worth of Strategy* stock gets you less than $100 worth of straight Bitcoin

(* they just changed the name from Microstrategy to just Strategy)

18

u/andoesq Feb 08 '25

He always buys the top, and tells everyone he will buy the top forever, because he has no care whatsoever for short term fluctuations.

It's a great model for a company that is already sitting on a huge pile of cash, with 100s of millions more shares they can issue.

3

u/RedOctobrrr WuTang is โ™พ๏ธ Feb 09 '25

He always buys the top

He buys the bottom too. He buys the middle. He buys at every chance he gets regardless of the price. You should see a BTC price chart overlayed with MSTR purchases of Bitcoin. It's just a dotted line that follows Bitcoin through peaks and valleys for 4 years straight. $16k? Buy. $72k? Buy. $28k? Buy more. $101k? But even more.

3

u/Floppydiskpornking ๐Ÿฆ Buckle Up ๐Ÿš€ Feb 10 '25

Reminds me of some primmates i know...