Episode 11 – Let’s Talk About Leverage

$MSTR True North Episode 11 – Let’s Talk About Leverage

2:14:53 | Dec 18, 2024

🧭 MSTR True North Episode 11: Discover insights on MicroStrategy’s leverage strategy, Bitcoin accumulation, market catalysts, QQQ index inclusion, and fair value accounting. Learn about upcoming events, capital plans, and debunking misconceptions, all with a focus on long-term investment growth.

🎛️ As of this recording, 12/18/24, MicroStrategy’s (MSTR) performance:

• Open: $386.00
• Close: $349.64
• Volume: 24,244,600 shares
• mNAV: 1.94
• Market Cap: $85.19B
• S&P 500 Rank: 112
• BTC: 439,000

⏱️ Timestamps & Insights:

• 00:00 – Introduction: Overview of MicroStrategy True North and its goals.
• 04:21 – “Irresponsibly Long” Explained: Long-term investment mindset.
• 09:01 – QQQ Index Inclusion: Implications for MicroStrategy and Bitcoin.
• 11:31 – Upcoming Catalysts: Key events and financial developments.
• 13:21 – Fair Value Accounting: Bitcoin adoption by corporations.
• 18:40 – Valuation Metrics: Understanding market perception of MSTR.
• 23:35 – Key Metrics: Bitcoin yield as a core KPI for MicroStrategy.
• 27:43 – Bitcoin Strategy: Accumulation and share value expansion.
• 34:35 – Yearly Returns: Zooming out for a bigger picture.
• 37:42 – Bitcoin Holdings: Q4 leverage ratio and growth insights.
• 42:04 – Capital Planning: Strategic moves toward S&P inclusion.
• 46:17 – Bullish Catalysts: SAB121 reapproval and political shifts.
• 49:41 – Leverage Myths: Addressing misconceptions on MSTR’s strategy.
• 53:21 – Future Funding: Vision for a 2025 capital plan.
• 55:32 – Stock Splits: Analysis of past splits and potential future moves.
• 57:56 – Ponzi Scheme Narrative: Debunking critics’ arguments.
• 59:21 – Convertible Debt: Exploring structured Bitcoin products.
• 01:05:04 – Preferred Stock: Risk-return profiles for investors.
• 01:15:40 – Risk Management: Lessons from option trading.
• 01:23:36 – Asset Updates: Current NAV and Bitcoin multiplier effects.
• 01:34:27 – Corporate Treasuries: Insurance companies and Bitcoin bonds.
• 01:41:38 – Bitcoin-Backed Bonds: Evolution of credit and financial strategies.
• 01:50:07 – Semler Scientific’s Options Entry: Followers evolving their Bitcoin strategies.
• 01:56:00 – Tax Relief: Corporate alternative minimum tax explained.
• 02:02:39 – Critics’ Arguments: Counterpoints to bearish views.
• 02:11:38 – Cost of Capital: Future benefits for MicroStrategy.

Disclaimer: The content in this video is for informational and educational purposes only and should not be considered financial advice. We are not financial advisors, and you should consult with a qualified professional before making any financial decisions. All investments involve risks, and you are responsible for your own decisions.