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![PunterJeff Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::500601961.png) Jeff Walton [@PunterJeff](/creator/twitter/PunterJeff) on x 53.9K followers
Created: 2025-07-17 00:05:59 UTC

$MSTR has $XXXX Billion in NET capital (Net of liabilities)

$62.9B if you pull out the convertible debt trading deep ITM as equity. 

For scale: 
$59.6B = 176th largest US company by market cap

$62.9B = 168th largest US company by market cap

🟩👆🏼Higher

![](https://pbs.twimg.com/media/GwBJBIqXoAAcaJw.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945636060333314319/c:line.svg)

**Related Topics**
[mstr](/topic/mstr)
[market cap](/topic/market-cap)
[$596b](/topic/$596b)
[debt](/topic/debt)
[if you](/topic/if-you)
[$629b](/topic/$629b)
[$mstr](/topic/$mstr)
[strategy](/topic/strategy)

[Post Link](https://x.com/PunterJeff/status/1945636060333314319)