Microstrategy Inc. Short Play- MSTR was down 17.84% for the day on Friday and down 254% off ATH's set in February 2021.
- Microstrategy Inc. have taken a company with $500M in revenue and book value of $500M earning 7% on equity and have borrowed $2.1 BILLION, sold $900M in Shares and Purchased $3.2 BILLION BITCOIN.
- MSTR is now a company with still only $500M in revenue but now has $2.2 BILLION debt, $550M in Equity and almost all of its assets in cryptocurrency.
- THIS IS TWNETY ONE TIMES NET DEBT TO EBITDA!!!!
- Market cap is at $4.1 Billion and falling fast, it was $13 Billion in February.
- Top 100 holders of MSTR include: Vanguard Group, Blackrock, Morgan Stanley.