How the fuck is this stock valued at nearly 50 billion with earnings like this!!!!!!!! REVENUE MISSES EPS MISSES OPERATING EXPENSES UP WTFFFF. 1.72 LOSS !!!!! Total revenues decreased 10.3% year-over-year to $116.1 million Net loss increased to $340.2 million ($1.72 per share) from $143.4 million year-over-year Operating expenses increased 301.6% year-over-year to $514.3 million Gross margin declined to 70.4% from 79.4% in Q3 2023 Digital asset impairment losses of $412.1 million
Yep they better hurry up because earnings are fu*king sad. Once that bitcoin hits the books you can lose as much money as you want and still be rewarded....sounds like a nice hot bubble to me....
Wait till bitcoin loses half it's value, stock will fall about 70% ....thats when you will wish the fasb rules didn't apply.
Mate, I hope you did not add to your short after hours when mstr was down -$28, because mstr just said they will borrow $21B and sell shares worth $21B to buy more bitcoin in the next 3 years and now the stock is up a little bit It already happened in 2022, mate, mstr shares were very cheap in 2022 when bitcoin lost over 75%, mstr share price has gone up over 1000% since as bitcoin is all time high again,