Currently the right side of $MSTR's balance sheet is worth 91% of the Bitcoin and Cash and operating business. The proper corporate finance action would be to sell BTC and buy back converts, preferre

Currently the right side of $MSTR's balance sheet is worth 91% of the Bitcoin and Cash and operating business. The proper corporate finance action would be to sell BTC and buy back converts, preferred and equity. Today is the first time in over two years that right side is so cheap. — via @dampedspring

91% balance sheet valuation and two-year low trigger rare corporate finance arbitrage opportunity.