Wednesday Oct 30, 2024

MASSIVE $42 Billion Capital Raise | Q3 2024 Earnings Call (Supercut)

This was a landmark earnings call and Q3 2024 earnings report for Microstrategy and Michael Saylor. They announced a $42 billion dollar 30-year plan to raise capital to purchase more Bitcoin. They also increased their KPI Bitcoin yield target to 6-10%. They are the best performing stock equity in the S&P500 and have the most stock volume and liquidity and options open interest of any company their size (market cap of about $50 billion). They are a growth company and Saylor addressed the mNAV or multiple to net asset value valuation controversy and had to explain how to value the company as a growth bitcoin treasury company.

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