so assuming that there is currently a fully diluted share of MSTR of 242 million shares, and assuming that bitcoin goes to 10 million a bitcoin, then the simple math means that micro strategy should be worth at least $2.6 trillion. Probably more because that would just be their corporate treasury, the true valuation is more because they could produce more stuff.

so then, assuming that their bitcoin corporate treasury might only be worth like 10% of their value, and 90% of their value should just be about their bitcoin refinery business, then if that is the case… then MSTR at 10 million a bitcoin should be worth $26T… $100,000 a Share for MSTR?

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Simple maths

To determine the share price corresponding to a $2.6 trillion valuation for MicroStrategy Incorporated, we divide the total valuation by the number of fully diluted shares outstanding. As of November 11, 2024, MicroStrategy reported approximately 242 million fully diluted shares.

Calculating the share price:

$2,600,000,000,000 ÷ 242,000,000 ≈ $10,743.80 per share

Therefore, with 242 million fully diluted shares, a $2.6 trillion valuation would imply a share price of approximately $10,743.80.

….

242 million shares.

As of November 11, 2024, MicroStrategy Incorporated reported a fully diluted share count of 242 million shares. This figure includes all potential shares from convertible debt and other dilutive securities. The basic shares outstanding were approximately 210.8 million at that time. The increase in diluted shares is primarily due to the company’s strategy of issuing equity and convertible debt to finance substantial Bitcoin acquisitions.