Updated 2025 MSTR BTC Acquisition Model. Free Downloadable File attached. (MSTR Damage Control) Updated Price targets. MSTR's BTC acquisition is more aggressive than people realize. "People tend to overestimate what will happen in the short term, and underestimate what will happen over the long term." Compounding BTC/share is the... edge that we are trading on, and for that to take effect, it will take time.show more

Full 2025 MSTR BTC Acquisition Model with Walkthrough Video. The default numbers I have as placeholders are not necessarily indicative of my actual MSTR price targets. Link to the model: (You should be able to make a copy and edit yourself). If not, please DM, and I can change it around.

2013: $BTC topped 367 days post-halving 2017: 526 days 2021: 548 days If the trend holds, next peak could hit in Oct 2025. Subscribe now and join 130K+ investors prepping for the next big cycle.

Dan, I have a big long position, and appreciate the analysis, but allow me to push back a little. 1) You have mNAV jumping randomly from 1.97 to 3.0? That seems crazy. ATM selling has pushed the stock lower, but u expect massive, continued ATM selling all throughout the year. That continued selling pressure will continue to push the stock lower, won't it? Why would the results change? 2) You have Bitcoin rising every single month in 2025. That would be nice. But Bitcoin is down this entire month of December. So its likely Bitcoin will be down other months. You and MSTR True North guys made these same incorrect assumptions when stock was at 500, and again at 400, and now again at 300. I'd be happy just to get back to $500/share. And I would love to see mNAV expand, unfortunately the market is clearly showing it doesn't want mNAV to expand. You're not really offering any reasoning or explanations how $MSTR can overcome the constant @Saylor selling pressure due to ATM process.

Dan I think you are underestimating the convertible bonds that will be issued in Q1 2025. The balance sheet should be able to take c $15bn and remain within the desired debt to equity ratio before it does any other ATM. This is what @saylor hinted at would be his focus. #mstr

Nice work Dan, you are still a bit more bullish than I am but even with my bear handicap applied that data looks amazing. Looking forward to the next year when we can watch this plan in action once again

Fantastic in depth analysis Dan. It confirms the hypothesis that time is on our side. The MSTR strategy is exponential, not linear. Patience is key. Great times ahead.

Great work Dan, appreicate the honesty and the depth of your analysis. I think a lot of us options holders overestimated MSTR's near-term performance which rekt our near dated calls. Watching the portoflio grind down has been rough, but you did agreat job covering positive catalysts for 2025.

mNav 3.0 is laughable. I wish! That would mean MSTR stock would rise +$150 dollars without Bitcoin moving at all. How do u justify a $150 move in the stock without Bitcoin moving? And with massive sell pressure from ATMs.

Nice vid Dan. Thanks for putting it together. Happy new year! ⚡️

@MSTRTrueNorth You have to believe a lot

Agree with alot of what you said except I would expect your CB to ATM to flip per Saylor. I think more CB than ATM in Q1. Other than that, all good! Looking forward to a great 2025!!