{"id":3231,"date":"2024-11-25T03:47:19","date_gmt":"2024-11-25T03:47:19","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3231"},"modified":"2024-11-25T03:47:19","modified_gmt":"2024-11-25T03:47:19","slug":"are-microstrategys-shares-worth-only-105-investment-adviser-gary-black-weighs-in","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3231","title":{"rendered":"Are MicroStrategy&#8217;s Shares Worth Only $105? Investment Adviser Gary Black Weighs In"},"content":{"rendered":"<div>\n<p>Renowned investment adviser\u00a0<strong>Gary Black<\/strong> questioned the valuation of\u00a0<strong>MicroStrategy Incorporated<\/strong>\u00a0(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>), suggesting the company\u2019s stock was significantly overpriced.<\/p>\n<p><strong>What Happened<\/strong>: In a recent X post, Black, managing partner at <strong>The Future Fund<\/strong>, expressed his confusion over MicroStrategy\u2019s stock price. <\/p>\n<p>He pointed out that the company\u2019s Bitcoin holdings, worth $31.2 billion when he made the observation, and its <a href=\"https:\/\/www.benzinga.com\/news\/24\/11\/41693867\/microstrategy-shares-are-falling-today-what-you-need-to-know\">net debt<\/a> of $4.2 billion equated to an equity value of $27 billion. However, the company\u2019s stock market value stood at a whopping $106 billion. <\/p>\n<p>Black estimated that MicroStrategy\u2019s\u00a0shares should be worth about\u00a0$105\/share, a figure 75% lower than its current trading price. <\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MSTR<\/a> \u2018s stock price makes no sense to me. MicroStrategy owned 331,200 bitcoins at last count, worth $31.2 billion at <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\">#BTC<\/a> =$100K, and has about $4.2 &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/24\/11\/42156261\/are-microstrategys-shares-worth-only-105-investment-adviser-gary-black-weighs-in\" alt=\"Are\" microstrategy shares worth only investment adviser gary black weighs in>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Renowned investment adviser\u00a0Gary Black questioned the valuation of\u00a0MicroStrategy Incorporated\u00a0(NASDAQ:MSTR), suggesting the company\u2019s stock was significantly overpriced. What Happened: In a recent X post, Black, managing partner at The Future Fund, expressed his confusion over MicroStrategy\u2019s stock price. He pointed out that the company\u2019s Bitcoin holdings, worth $31.2 billion when he made the observation, and its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3231","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3231"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3231\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}