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MicroStrategy (MSTR) Is Walking A Tightrope By Using Leverage To Buy Bitcoin

Insider Monkey12-21 00:14

In the past few months, there has been a lot of excitement surrounding MicroStrategy, but it is not because of its software. MicroStrategy has instead become the largest holder of Bitcoin and uses ...

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  • Guavaxf30
    ·12-22 11:01
    Be careful of this MRTC. Is it highly volatile and the movement often does not reflect fundamentals. Friday's dramatic gains is not even in proportion of the recovery of Bitcoin. How then is this justified if Bitcoin is the basis of the value of MSTR? Another thing to consider. If Bitcoin should rise even more spectacularly, how will MSTR realise this except the convert their holdings of Bitcoin into US$.  What happens when MRTC offloads a portion of their Bitcoin holdings? Will there be enough new buyers to but them to keep their prices from falling? But then again, the believe is there will always be new buyers coming to support. But isn't this dangerously playing a musical chair game?
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