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![PunterJeff Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::500601961.png) Jeff Walton [@PunterJeff](/creator/twitter/PunterJeff) on x 53.5K followers
Created: 2025-07-15 22:31:21 UTC

@Tiggersdad2 $MSTR “free cash flow” occurs in a tax advantaged fashion on the balance sheet, and not the income statement.  

It’s confusing for many. Your stats omit balance sheet treasury ops.

Operating cash flow is converted immediately into permanent capital (BTC) via the balance sheet.


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**Related Topics**
[mstr](/topic/mstr)
[balance sheet](/topic/balance-sheet)
[tax bracket](/topic/tax-bracket)
[cash flow](/topic/cash-flow)
[$mstr](/topic/$mstr)
[strategy](/topic/strategy)
[stocks financial services](/topic/stocks-financial-services)
[stocks technology](/topic/stocks-technology)

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