The toughest part of doing an7y price modeling on Bitcoin treasury companies is BTC Yield because the mNAV isn't static and the multiple influences the cost of capital, level of dilution, etc...
But it seems to me that it is very possible Strategy reaches 1,000,000 Bitcoin this year, and the returns from here on out are wild, especially if the bid on Bitcoin raises the price to $150,000 in the quest for 1 million BTC.
With the size and scale of Strategy, the bid on Bitcoin will continue to increase.
It really seems like there's a decent chance the 1x mNAV price a year from now is ~3x what the price is today.
Important to note: these are just the prices projected if Strategy stops buying Bitcoin after they reach 1 million.
Knowing this, it really seems to me that a move to $1,000 within 2 years seems more likely than not provided the bid on Bitcoin persists.@Walrus 🦭/acc #walrus @Cellula Re-poster #dusk #MSTR $DUSK
