MSTR could implode from here!
$MicroStrategy(MSTR)$
It sounds like a v good idea, given the 40% rise in Bitcoin in 2024, even after Saturday's slide, and 150% rise in MicroStrategy, a dubious leveraged play on Bitcoin, where Evengelist Saylor talks of Bitcoin going to a $1 million in short order, while he sells MSTR en masse.
I'm booking my gains on BTC. And I'm selling my MSTR first thing Monday! this is just too crazy risky for me. Bitcoin still up 40% this year, even after Saturday's slide... I believe it could correct a LOT more next week, as all the exuberance of halving evaporates...
I reckon I'll take my 40% this year, and 140% on MSTR and stay out for now. MSTR will probably open down 20% on Monday, but that's still a 100% for me this year. I'm staying out and cashing in my gains, first thing Monday. Just my opinion. This is just too risky for me. ":
You say Saylor will buy? That's not true. Saylor has been selling his own shares en masse $370million since the start of 2024!!
Go look it up. And I certainly Don't blame him - when MSTR is 2.3X the value of underlying BTC!!"
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