Guavaxf30
12-03 07:50

MSTR bounce is not sustainable. It's a dead cat.

The business model is false and the clock is ticking against it. First comes the dividend payment that has to be made. This will raise pressure on finding the cash to pay with.

Next comes the matching of price of shares versus float and the value of it's sole asset, Bitcoin. 

Remember, it's breakeven cost of Bitcoin is around $174,000. That is a just a sneeze from last night's $181k plus. Once Bitcoin falls below $174k, all hel breaks loose.

MSTR Rebounds Above $180: Undervalued or Not?
MSTR has rebounded sharply to above $180. Its market capitalization is now smaller than the value of BTC held by the company. Some believe that MSTR is undervalued and see this as a good entry point for a long-term buy. However, many remain cautious about the short-term trend of BTC, which could once again push MSTR’s stock price lower. How do you view MSTR under $200?
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