Bitcoin stays stubbornly below 89k. Michael Saylor raised a bunch of change last week by issuing more shares but made no new purchase of Bitcoin despite him making this post about buying more. All this smells like he was hoping to talk up the price of Bitcoin. And this does not seem to be working. Opps.

Have to post the real update on MSTR less innocents gets slaughtered.  MSTR actually ended down 0.30% after seeing a high of being up 4%. Not a good sign.

Michael Saylor has always been saying he will not sell any Bitcoin in his treasury.  By raising new capital and not making any purchases when Bitcoin prices are still in a 12 month low, this can only mean he is expecting Bitcoin price to fall further. That is the only positive reason I can think of for him not to utilise the cash raised by buying more. Or the worst case scenario is MSTR is really running out of operating cash and can't pay dividends promised.  Which means the whole thing about building a Billion plus in cash reserves to pay dividends for the next two years is all bull-shit. Whichever it the truth, one thing for sure is now is not the time to be holding MSTR. Perhaps not even Bitcoin.

Didn't last. Now BTC looks to be falling below 186. Every gain for Crypto stocks are being returned.

Michael Saylor's go big or go home strategy is fine if it was all his own money. Except, he is doing this with MSTR's shareholders' money. This is extremely reckless and irresponsible. 

Bitcoin and all Cryptocurrencies are having a Labubu experience. "Labubu mania appears to be ebbing as quickly as it surged, driving a roughly 40 per cent rout for former market darling Pop Mart International Group that is raising questions over the company’s long-term prospects." Just like Labubu, the worth is purely based on sentiments. Not real value. When the meme crowd was chasing Bitcoin, it was like impossible to see Bitcoin price fall. But these last three months have shown just how vulnerable that thinking is. Bitcoin prices can fall, and it has. Spectacularly. So who will be the last guy holding the bag?

Bitcoin, and all Cryptocurrencies stocks, are having a Labubu experience. "Labubu mania appears to be ebbing as quickly as it surged, driving a roughly 40 per cent rout for former market darling Pop Mart International Group that is raising questions over the company’s long-term prospects." Just like Labubu, the worth is purely based on sentiments. Not real value.  When the meme crowd was madly chasing Bitcoin, it was like impossible to see Bitcoin price fall. But these last month have shown just how vulnerable that thinking is. Bitcoin prices can fall, and it has. Spectacularly. So who will be the last guy holding the bag?

Bitcoin and all Cryptocurrencies are having a Labubu experience. "Labubu mania appears to be ebbing as quickly as it surged, driving a roughly 40 per cent rout for former market darling Pop Mart International Group that is raising questions over the company’s long-term prospects." Just like Labubu, the worth is purely based on sentiments. Not real value. When the meme crowd was chasing Bitcoin, it was like impossible to see Bitcoin price fall. But these last three months have shown just how vulnerable that thinking is. Bitcoin prices can fall, and it has. Spectacularly. So who will be the last guy holding the bag?

Ouch. Ended the say down 4%. This gotta hurt.  With BTC still heading down and trading still on, MSTR will likely fall more in post-market trafing session. 

Dramatic swing day for MSTR and Bitcoin. Short-lived joy now turning to a disaster for holders. We may very well see the 52 week low again.

Time for reckoning if MSTR goes down to $155. The gap between their assets and debts will be huge.  But if course, they claimed they have set aside ample cash to make payments for the next year and a half.

So much for robot stories. The first to fall.

The money is going on safe mode. When gold rises, equities are where the money is coming from.  Best to prepare for a big stock market correction. 

So what happens with Crypto hoarding companies like MSTR and likes when this happens?  Their movements bear greatly exaggerated correlation to the prices of the cryptos they are proxy of.

To be clear, Nasdaq-100 is NOT S&P100. These are very different indexes and not of equal standing. S&P100 is more restrictive and carries more importance to financial institutions. Please read re-produced article below:-  MSTR (MicroStrategy, now called “Strategy” in some reports) is not currently a member of the S&P 100. Here’s the situation: 📌 S&P 100 vs. S&P 500 • The S&P 100 is a subset of the S&P 500, consisting of 100 large, established U.S. companies selected for size, liquidity, and industry representation.  • To be in the S&P 100, a company must first be included in the S&P 500 (it’s essentially the top tier of the S&P 500). Because MSTR is not in the S&P 500, it cannot be in the S&P 100 either. 📌 Current Index Membership for M

Okay. So another car company which is saying it is not a car company. I remember back in 1999, the not-so-secret formula in driving up share value is to annoumce any new venture that ends with ".com".  AI may be the biggest tulip burst ever.

Strategy (MSTR) is not listed in the S&P 100 index, and its exclusion from the S&P 500 highlights the challenges it faces in meeting broader market index criteria due to its unique asset composition.