$MicroStrategy (MSTR.US)$ The company has 214,400 bitcoins, ...
$MicroStrategy(MSTR.US$ The company has 214,400 bitcoins, which is his potential wealth! There are two reasons for the loss in the financial report. One is that he did not adopt the new accounting standards in advance like other companies, so his Bitcoin earnings could not be included for the time being, and the other was because he used a large amount of company capital to buy Bitcoin, which caused huge losses. These are short-term effects, long-term worry-free.
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Bird007OP : If the new accounting standards are adopted ahead of time and Bitcoin's earnings are taken into account, his earnings per share could reach $300
Lucky Dog An : They're dumber and dumber than you
Bird007OP Lucky Dog An: Because they don't want to pay taxes in advance
102356143 Bird007OP: How did you get 300/share? Assuming its correct then the P/E ratio is only 4??? Sounds very low but excellent ya !!!
Bird007OP : An analyst calculated it! There was a news report the other day. Another report from Yahoo Finance four days ago said that if he adopts the new accounting standards, it would be worth being included in the S&P 500 index.