Actually can’t understand Microstrategy buying more bitcoins…
Actually, there is very small chance that world governments will ever decide to switch to using bitcoin to settle international transactions. The bitcoin price fluctuates so wildly that it cannot be used without someone losing money.
Canaccord's analysis showed that MicroStrategy's equity value premium over its bitcoin holdings was 86%.
I’m told in the last cycle it went to 6x of BTC. Is this what people are expecting on this cycle? Why wouldn’t most people just buy ETF’s if MSTR has such a premium?
I’m new to this. Well, actually, I owned MSTR in the last cycle, but months ago I thought I shouldn’t buy it because ETF’s would soak up all the demand. Why exactly is MSTR going up so much more than BTC?
Meet $2000 This Week? Crazy…..
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