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@kr
OP
13 Mar
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on: Is MicroStrategy overvalued or undervalued?
bitcoin
reasonable take, i forgot to account for their debt load
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@grayruby
13 Mar
Easy oversight this day and age. No one cares about debt anymore. Haha
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@SpaceHodler
14 Mar
But that debt should become a smaller fraction of the NAV as the fiat price of bitcoin rises?
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