is this Bitcoin Per Share (in Sats) really true? i just calculated $180 share... that just seems too good to be true. makes me very tempted to sell bitcoin to by MSTR, which is a big "no-no" but it's ...
That sats per share figure doesn’t take into account the senior claims on the Bitcoin (I.e. from debt + prefs)
It’s still a useful metric tho. The senior claims are denominated in fiat. So (if you’re a bitcoiner you might assume they’ll) tend in the long run to zero against the bitcoin
CEBE sats per share subtracts the senior claims. It’s at ~140k sats rn which is below the current share price. https://cebetracker.io/company/MSTR/
It’s still a useful metric tho. The senior claims are denominated in fiat. So (if you’re a bitcoiner you might assume they’ll) tend in the long run to zero against the bitcoin
CEBE sats per share subtracts the senior claims. It’s at ~140k sats rn which is below the current share price. https://cebetracker.io/company/MSTR/
