Hahaha. Hilarious. 

It's popping now. The bubble is bursting.

At an average cost of $75.9k per BTC, MRTC is sitting on a huge unrealised loss, not gain as was reported here. This compounds further the problem of share dilution plus interest liabilities.  In the entire bubble market we are in now, MRTC, together with many of the AI and Wuantum Computing stocks, are the biggest that ate about to burst. And this time, when the bubble pops, it will make 1929, 2000 and 2008 seem like minor hiccups.

Dividends paid must always come from fresh cash generated from profits. MSTR's dividends comes from fresh cash coming from new share issues. And with Bitcoin prices falling, there is no profit generation to support paying the dividend other than from issuing more shares. How is this not a ponzi? At what point will the authorities take action? 

$60k break down is seemingly looking more likely. I would have rather prefered last night's very short burst did not happen if this new collapse is what happened. This is only confirming the longer negative bearish term.

Me! I am the one shorting MRTC. Haha.

Ahhh... So this is the reason NVDA crashed last night.  Someone's been naughty and doing some insider trading. They acted on this piece of news before the public got wind of this negative move.  Same old same old. The retail traders gets served as breakfast or supper for the sharks.

9.8% below it's 100 days average, plus being at near 52 weeks low, bears lot of attention. Yesterday's bounce, whilst impressive, also suggets how volatile this counter is. Just as easily as it goes up 9% in a session, so too the reverse can easily happen. Especially when you consider MSTR does not produce anything, has very small revenue from it's old legacy business, where the new owners have totally ignored and not invested in growing. Essentially, MSTR was taken over by Michael Saylor as a empty shell to issue and borrow from to gamble on price of Bitcoin rocketing to the moon.  Very scary.

Not fake technically but misleading nevertheless. MRTC only briefly went above $125. It's is now hovering at $124 level.  Likely the recovery yesterday will be short as Bitcoin is still tethering towards $160k. Even if Bitcoin does not fall further, the impact in MRTC's financials will be great. Their "unrealised" profit will be even larger than the mega-billions loses from the previous quarter. Soon the unrealised will have to be realised when they run out of cash to pay debts fron prefered shares the keep issuing.

Strategy (MSTR) is doomed. Bitcoin has just gone below $64k.

That did not hold long. We saw a major correction down last night and are now waiting to see if the market has reviewed it's read of Open's results.  My take is it was too early to celebrate. The new CEO needs more time to get his new plans in place. And even then, likey we will only see positive financial results in a few years. Not immediately. 

Michael Saylor is throwing money into Bitcoin like there will be no tomorrow. With Bitcoin now at below $56k, indeed there may be no more tomorrows for MRTC holders.  People, please don't be fooled. Saylor is playing with your money, and charging you a fee for it too.

A $34k bitcoin price will destroy the entire Cryptocurrency industry. Every sector from mining to Cryptocurrency treasury holding companies, will see their investments wiped out. Perhap this is the reason why many miners have been swity their dependance away from crypto mininh to supporting AI push. These guys must be feeling the same thing.