What do you think is a high valuation? I heard yesterday that the P/E ratio was too high and I had to laugh.
I don't want to say whether it's overvalued or not, but the P/E ratio was a big hit
I don't want to say whether it's overvalued or not, but the P/E ratio was a big hit
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@cashwithhead laugh. A very simple calculation $MSTR is valued at around €17 billion. Has a bitcoin portfolio worth around €12 billion at a bitcoin price of around €61k. Makes a valuation of the core business of € 5 billion. Hmmm... and that's not worth much to me with a turnover of fab. Let's be conservative and say €2 billion. That makes a gap of € 3 billion. And therefore a downside potential of 17.5%. The risk is a further rise in bitcoin. At a bitcoin price of € 85k, $MSTR would be fairly valued at € 1150 per share. As we know, that's where it stands right now.
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@GordonGekko83 see the valuation so high for another reason. Technically you may be right (and I have no specific opinion on them) but I think they are pricing in the fact that Bitcoin and the BTC stock is growing. Today it was confirmed that the 700 million convertibles have gone out. You can just see that they are continuing to invest in BTC with the operative and a lever. Good luck anyway 👍
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