Quick after hour recap (Patreon)

As I said the other day, earnings do not matter for MSTR - impairment losses be damned. What matters is BTC price

MicroStrategy Q2 Results Highlights

• Quarterly Performance:

  • Losses of $5.74 per share, missing the consensus estimate of losses of 11 cents.

  • Revenue of $111.4 million, below the consensus estimate of $122.6 million by 9.14%.

• Bitcoin Holdings:

  • Holds 226,331 bitcoins valued at $8.329 billion as of June 30.

  • Original cost basis: $8.329 billion.

  • Market value: $14.016 billion.

  • Average cost per bitcoin: $36,798.

  • Current market price per bitcoin: $61,926.69.

  • Cumulative impairment losses: $2.6 billion.

RE CLSK

I bought CLSK today at $15. I was pretty much all the option volume at one point in time today. It took me a while to get the fills. CLSK up hard in after hours.

And the MSTR TSLA Pair trade - moving up too