This is just crazy:
MicroStrategy's market value is now $10 billion less than their Bitcoin holdings.
MicroStrategy, $MSTR, fell -12% today, down -57% since October 6th.
This brings the company's market value to $45 billion.
Meanwhile, MicroStrategy holds 650,000 Bitcoins worth $55 billion.
In other words, MicroStrategy's market value is now $10 billion less than the value of its Bitcoin holdings.
Even if you subtract $8.2 billion in debt from MicroStrategy's current Bitcoin holdings, they still hold Bitcoins worth $46.8 billion.
MicroStrategy's Bitcoin net worth is still $1.8 billion higher than its current market value, excluding any cash on its balance sheet.
Can Saylor continue to buy?

