I hope you all had a Happy Halloween - I know the market sucked but some interesting stuff has happened in the past 24 hours.
In this story, I will discuss many details about the infinite money glitch and some of the revelations from the MicroStrategy earnings call. We will also discuss what Michael Saylor has planned for the next three years and extremely detailed price prediction models for both bear and bull scenarios out to 2035.
The world of finance is about to be flipped on its head!
We will talk about a lot because the MicroStrategy story is tricky. In 2023, I did make a price prediction for MicroStrategy for this bull market, and it was $1,200 before the split, which is $120 now.
We completely smoked my prediction, demonstrating how much I sandbag my price predictions.
These are MicroStrategy's capital-raising plans for the next three years. The company's market cap is essentially $42 billion and they will raise more than that market cap again.
This is the largest capital ATM raise in the history of planet Earth.
The analysts like the MSTR news so far.
When people heard last night that MicroStrategy would issue $42 billion in equity and fixed income, everybody freaked out! The price fell to about $207.
However, Benchmark increased its target to $300/share. Thus, the analysts are not spooked because they are getting it…
MicroStrategy is the largest holder of permanent Bitcoin capital.
Saylor said multiple times in the quarterly report that the company would
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