Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
MSTR is at 2.84X NAV.
Wow...MSaylor keeps convincing people to give him money (in form of a stock premium ) to buy more and more bitcoin. I wonder when this gravy train would slow down.
Bought a very small MSTZ position today. Will use it as a "sensor" for MSTR "mania".
If premium would start collapsing-then i would buy more as a hedge.
Bitcoin has to triple in a short order to justify current MSTR price.
Not selling btc, though.
EDIT: two-three old s-t coins are in the lead in the last few days....mamma mia!
I feel that it is OK to have 1% in those "bastards"
To me they are cash sources...instead of btc, which is precious.
Wow...MSaylor keeps convincing people to give him money (in form of a stock premium ) to buy more and more bitcoin. I wonder when this gravy train would slow down.
Bought a very small MSTZ position today. Will use it as a "sensor" for MSTR "mania".
If premium would start collapsing-then i would buy more as a hedge.
Bitcoin has to triple in a short order to justify current MSTR price.
Not selling btc, though.
EDIT: two-three old s-t coins are in the lead in the last few days....mamma mia!
I feel that it is OK to have 1% in those "bastards"
To me they are cash sources...instead of btc, which is precious.
There is a detailed explantion of the MSTR strategy here: https://youtu.be/0R9gq4zIlCg?si=rhI-om7O7gW2QnfB&t=690
Skip the first 11 minutes of introduction.