Andrew Kang: Someone Built MicroStrategy for Robotics - and Institutions Paid 3-4x NAV to Get In

• Andrew Kang put $19M into Figure AI when every VC said no, then launched RoboStrategy (NASDAQ: BOT) in May 2026 - a listed fund giving retail access to private robotics via the MicroStrategy flywheel

• Goldman Sachs revised its robotics TAM 6x to $38B by 2035: Kang frames the real ceiling at $50T - the entire global physical labor economy

• Manufacturing is the binding constraint, not intelligence: Tesla’s 10M-robot-per-year plan is the only thing built at scale. The rest sits at thousands of units

• BOT raised $100M in institutional PIPE rounds at 3-4x stated NAV in three weeks - a forward premium paid before the manufacturing ramp hits earnings

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