Quote from: Heater on Today at 10:51:50 PM

Quote from: Biodom on Today at 07:36:19 PM

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" Cheesy

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.

Yeah, i just think that it is "moderately" overextended, that's all.
That said, here is MSaylor "preaching" at Cantor Fitzerald's dinner (the man is very persuasive of course):
https://www.youtube.com/watch?v=4LqpGrWGNqE