Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
Q4 2024 financial results today. Will MSTR adopt FASB accounting or wait until Q1? The earnings per share will surely surprise some market participants/algos once they do adopt.
February 5, 5PM EST
https://microstrategy.zoom.us/webinar/register/WN_Szut0x4JSgWW-0IHVXwZFw
February 5, 5PM EST
https://microstrategy.zoom.us/webinar/register/WN_Szut0x4JSgWW-0IHVXwZFw
As I commented earlier it appears that in today's report they will adopt the FASB accounting rules but I have searched and do not see any clear news about it. I think I saw it on a Youtube channel or something. In any case, there is not much time left to find out.
According to what I have seen in the video presentation of Q4 2024 Earnings Call at the end, the FASB accounting rule will be adopted in the Q1 2025 Earnings Call.
Saylor just launched some merch like a hype-beast.
Strategy ₿
Strategy ₿
This has gone more unnoticed but to me it seems more important than it might seem at first glance, since for example Ferrari earns as much with merchandising as selling cars.
It will be nothing compared to bitcoin's strategy but I wouldn't be surprised if over time it comes to make as much from merchandising as it does from the business intelligence side.