This company is probably the $MSTR of China

BrianTycangco鄭彥渊
11-26

This company is probably the $MicroStrategy(MSTR)$ of China.

It's called $BOYAA(00434)$ and its claim to fame isn't its profitable core business of game development (i.e. Texas Hold 'em).

Instead, it owns 2,688 BTC as of November 21, which is now valued at around $270m. The company's market cap is $474m.

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When the stock price of normal companies explode up because they own a barrel of BTC, the market is telling you something.

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MSTR has $30 billion worth of BTC, with a Market Cap now of $100 Billion

They have negative earnings and $4 Billion in debt.

Am I missing something?

Would You Buy the Dip as MSTR Falls?
Microstrategy falls as bitcoin retraces. Some say they buy MSTR during every pullback because they are optimistic about its long-term potential. ----------------- Will you buy the dip? At what price? Have you joined the last ride and stay and see the trend? Or will you take profit with already big gains?
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