allenz
11-26
画饼还是得这大哥,许家印当年都没敢这么吹比
MicroStrategy CEO谈被做空:预计未来20年内股价每年涨60%
免责声明:上述内容仅代表发帖人个人观点,不构成本平台的任何投资建议。
分享至
微信
复制链接
精彩评论
宫爆鸡丁23
11-26
宫爆鸡丁23
哈哈
什么也没有了~
APP内打开
发表看法
1
2
{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":375172576543120,"tweetId":"375172576543120","gmtCreate":1732598630417,"gmtModify":1732599556857,"author":{"id":3558574556289245,"idStr":"3558574556289245","authorId":3558574556289245,"authorIdStr":"3558574556289245","name":"allenz","avatar":"https://static.tigerbbs.com/12bd62189c7275f041fa33457bef2636","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-3","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"偶像虎友","description":"加入老虎社区1500天","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.01","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":8,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>画饼还是得这大哥,许家印当年都没敢这么吹比</p></body></html>","htmlText":"<html><head></head><body><p>画饼还是得这大哥,许家印当年都没敢这么吹比</p></body></html>","text":"画饼还是得这大哥,许家印当年都没敢这么吹比","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/375172576543120","repostId":2486705967,"repostType":2,"repost":{"id":"2486705967","kind":"news","pubTimestamp":1732528928,"share":"https://www.laohu8.com/m/news/2486705967?lang=&edition=full","pubTime":"2024-11-25 18:02","market":"us","language":"zh","title":"MicroStrategy CEO谈被做空:预计未来20年内股价每年涨60%","url":"https://stock-news.laohu8.com/highlight/detail?id=2486705967","media":"华尔街见闻","summary":"MSTR的溢价大部分源于ATM机制。","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/MSTR\">MicroStrategy</a> CEO回应做空:公司目前日赚5亿美元,预计未来20年内股价每年涨60%。</p><p>上周四美股盘中,知名做空机构香橼(Citron Research)在社交平台X发帖称打算做空“比特币持仓大户”MicroStrategy(MSTR),MicroStrategy股价应声遭重挫,一度较日高回落超21%。</p><p>周五,MicroStrategy执行董事长Michael Saylor做客CNBC的媒体节目,其间回应称,公司在通过波动性交易盈利的同时,<strong>还通过ATM操作加杠杆,因此只要比特币还在涨,公司就依然可以赚到钱。</strong></p><p>华尔街见闻此前提及,ATM即按市价发行/增发,是指上市公司通过指定的经纪商以现行市场价格,逐步将新发行的股票或他们已经拥有的股票出售到二级交易市场中。</p><h2 id=\"id_3441649678\">MSTR的溢价大部分源于ATM机制</h2><p>此前发布的推文显示,香橼认为MicroStrategy的股票已经成为比特币的替代投资品,其股价相较于驱动其价值的比特币,已出现不合理的溢价,交易显著过热,因此决定做空MicroStrategy。</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a3bd94972c91a9f8dda84444355c3946\" tg-width=\"640\" tg-height=\"341\"/></p><p>Michael Saylor在此次采访中表示,空头机构认为溢价和股本一旦消失,盈利来源也就消失了,但做空者忽略了MicroStrategy的一个重要盈利点:<strong>公司通过融资加杠杆投资比特币,从中获得高额回报。</strong></p><p>Saylor解释道,公司依靠比特币这个“反应堆”来提供动力,一方面通过波动性交易来盈利,另一方面发债融资加仓,通过ATM机制借款投资比特币。</p><p>据悉,ATM模式能够灵活筹资,避免了传统融资出现的大幅折价发行,特别适合MicroStrategy这类高波动性股票。与此同时,MicroStrategy的高交易流量使得大规模股票出售成为可能,其股票市值相对于比特币持有量有2.8倍溢价,创造了融资中的套利机会。</p><p>Saylor表示,<strong>通过ATM操作,MicroStrategy将固收资产的波动性、风险和表现转移到普通股上,公司就能获得远高于借款成本和比特币涨幅的回报。</strong></p><blockquote><p>“如果我们以利率为6%的融资资金投资比特币,当比特币价格上涨30%,我们实际上得到的是80%的比特币价差(综合股票溢价、转换溢价和比特币溢价的函数)。”</p><p>“公司发行了30亿美元的可转债,按照80%的比特币价差计,这30亿美元的投资在10年内可以为每股带来125美元的收益。”</p></blockquote><p>这意味着,<strong>只要比特币价格保持上涨,公司就能继续盈利:</strong></p><blockquote><p>“两周前,我们做了46亿美元的ATM,并以70%的价差进行交易,这意味着我们在五天内赚了30亿美元的比特币。每股大约12.5美元。如果按照10年来算,收益将达到336亿美元,约合每股150美元。”</p></blockquote><p>再谈及比特币下跌可能带来的风险时,Saylor认为,投资者只要购买了MicroStrategy的股票,就默认已经接受了比特币可能下跌的风险——想要2倍的回报,就要承担相应的风险。</p><p>Saylor进一步表示,目前公司每天赚取5亿美元,已成为“美国增长最快、最赚钱的公司”,<strong>预计未来20年内,比特币价格将每年上涨29%,公司股价每年上涨60%。</strong></p><p>今年以来,MicroStrategy股价已经飙涨516%,是同期比特币132%的涨幅的近4倍,相比而言,AI龙头股<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>今年以来累计上涨了195%。</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/115e500d5e4793ad11be93c946985fd0\" tg-width=\"560\" tg-height=\"240\"/></p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b0d9b804b392d5243081bbf359b1ca45\" tg-width=\"1170\" tg-height=\"1929\"/></p><p></p></body></html>","source":"wallstreetcn_hot_news","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MicroStrategy CEO谈被做空:预计未来20年内股价每年涨60%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicroStrategy CEO谈被做空:预计未来20年内股价每年涨60%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-25 18:02 北京时间 <a href=https://wallstreetcn.com/articles/3735087><strong>华尔街见闻</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MicroStrategy CEO回应做空:公司目前日赚5亿美元,预计未来20年内股价每年涨60%。上周四美股盘中,知名做空机构香橼(Citron Research)在社交平台X发帖称打算做空“比特币持仓大户”MicroStrategy(MSTR),MicroStrategy股价应声遭重挫,一度较日高回落超21%。周五,MicroStrategy执行董事长Michael Saylor做客CNBC的...</p>\n\n<a href=\"https://wallstreetcn.com/articles/3735087\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://community-static.tradeup.com/news/67138698724e09b1fdfa05e17891b21f","relate_stocks":{"MSTR":"MicroStrategy","MSTU":"T-Rex 2X Long MSTR Daily Target ETF","MSTX":"Defiance Daily Target 2X Long MSTR ETF"},"source_url":"https://wallstreetcn.com/articles/3735087","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2486705967","content_text":"MicroStrategy CEO回应做空:公司目前日赚5亿美元,预计未来20年内股价每年涨60%。上周四美股盘中,知名做空机构香橼(Citron Research)在社交平台X发帖称打算做空“比特币持仓大户”MicroStrategy(MSTR),MicroStrategy股价应声遭重挫,一度较日高回落超21%。周五,MicroStrategy执行董事长Michael Saylor做客CNBC的媒体节目,其间回应称,公司在通过波动性交易盈利的同时,还通过ATM操作加杠杆,因此只要比特币还在涨,公司就依然可以赚到钱。华尔街见闻此前提及,ATM即按市价发行/增发,是指上市公司通过指定的经纪商以现行市场价格,逐步将新发行的股票或他们已经拥有的股票出售到二级交易市场中。MSTR的溢价大部分源于ATM机制此前发布的推文显示,香橼认为MicroStrategy的股票已经成为比特币的替代投资品,其股价相较于驱动其价值的比特币,已出现不合理的溢价,交易显著过热,因此决定做空MicroStrategy。Michael Saylor在此次采访中表示,空头机构认为溢价和股本一旦消失,盈利来源也就消失了,但做空者忽略了MicroStrategy的一个重要盈利点:公司通过融资加杠杆投资比特币,从中获得高额回报。Saylor解释道,公司依靠比特币这个“反应堆”来提供动力,一方面通过波动性交易来盈利,另一方面发债融资加仓,通过ATM机制借款投资比特币。据悉,ATM模式能够灵活筹资,避免了传统融资出现的大幅折价发行,特别适合MicroStrategy这类高波动性股票。与此同时,MicroStrategy的高交易流量使得大规模股票出售成为可能,其股票市值相对于比特币持有量有2.8倍溢价,创造了融资中的套利机会。Saylor表示,通过ATM操作,MicroStrategy将固收资产的波动性、风险和表现转移到普通股上,公司就能获得远高于借款成本和比特币涨幅的回报。“如果我们以利率为6%的融资资金投资比特币,当比特币价格上涨30%,我们实际上得到的是80%的比特币价差(综合股票溢价、转换溢价和比特币溢价的函数)。”“公司发行了30亿美元的可转债,按照80%的比特币价差计,这30亿美元的投资在10年内可以为每股带来125美元的收益。”这意味着,只要比特币价格保持上涨,公司就能继续盈利:“两周前,我们做了46亿美元的ATM,并以70%的价差进行交易,这意味着我们在五天内赚了30亿美元的比特币。每股大约12.5美元。如果按照10年来算,收益将达到336亿美元,约合每股150美元。”再谈及比特币下跌可能带来的风险时,Saylor认为,投资者只要购买了MicroStrategy的股票,就默认已经接受了比特币可能下跌的风险——想要2倍的回报,就要承担相应的风险。Saylor进一步表示,目前公司每天赚取5亿美元,已成为“美国增长最快、最赚钱的公司”,预计未来20年内,比特币价格将每年上涨29%,公司股价每年上涨60%。今年以来,MicroStrategy股价已经飙涨516%,是同期比特币132%的涨幅的近4倍,相比而言,AI龙头股英伟达今年以来累计上涨了195%。","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":41,"xxTargetLangEnum":"ZH_CN"},"commentList":[{"id":375224346530184,"commentId":"375224346530184","gmtCreate":1732611268574,"gmtModify":1732611272637,"authorId":3484605187023768,"author":{"id":3484605187023768,"idStr":"3484605187023768","authorId":3484605187023768,"name":"宫爆鸡丁23","avatar":"https://static.tigerbbs.com/7900ffd15ca1c6d3830754b52a1efd52","vip":1,"currentWearingBadge":{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-3","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"偶像虎友","description":"加入老虎社区1500天","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.07.25","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":375172576543120,"objectIdStr":"375172576543120","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"哈哈","text":"哈哈","html":"哈哈","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/375172576543120"}
精彩评论