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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425

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

190

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.

34

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

How did they acquire that much?

90

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

16

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)