Continue to Hold DJT and COIN, 3 Pieces of Good News to BTC Stocks
On the 29th, the price of $Bitcoin(BTC.USD.CC)$ has exceeded $70,000. The market expects it to rise to $100,000 this year, or even $200,000 next year?
The market is betting on the probability of Trump's election to be born far more than Harris. Trump was an early supporter of the BTC field, and Harris later expressed his support.
I and some of my friends have also traded and continue to hold $Trump Media & Technology(DJT)$ , $Coinbase Global, Inc.(COIN)$ , $Marathon Digital Holdings Inc(MARA)$ , $MicroStrategy(MSTR)$ ,and $iShares Bitcoin Trust(IBIT)$and etc.
Trade Trump: In addition to the rising $Trump Media & Technology(DJT)$ , which is now approaching $50, higher than the target price of $40 I saw earlier. I also bought $Rumble Inc.(RUM)$ , which is the second largest position of Vice President Vance.
Bully BTC: Currently, I also hold $iShares Bitcoin Trust(IBIT)$ and $Marathon Digital Holdings Inc(MARA)$ . I do not hold $MicroStrategy(MSTR)$ and $Coinbase Global, Inc.(COIN)$ which I sold at a profit before.
It is indeed that the $MicroStrategy Incorporated(MSTR)$ is the strongest performer, exceeding the growth of $Bitcoin(BTC.USD.CC)$ and the comprehensive growth of MAG7.
There were also some BTC concept stocks that rose sharply on Monday, including $Riot Platforms(RIOT)$ , $Hut 8 Mining Corp(HUT)$ , etc. The following are listed companies ranked by BTC holdings, supplementing the ones not mentioned above $Block(SQ)$, $Galaxy Digital Holdings Ltd.(BRPHF)$ ,$CleanSpark, Inc.(CLSK)$ ,$Bitcoin Group SE(BTGGF)$
Source:https://treasuries.bitbo.io/#public
I mainly invest in the top tickers. Before the election results, I believe there is still room for up.
The following are some small signals that I will continue to hold and increase my holdings in the BTC field for individual stocks and ETFs:
1.The Hong Kong Stock Exchange launches a series of Cryptocurrency asset indexes!
2. Emory University, a prestigious American university, invests in $Grayscale Bitcoin Mini Trust(BTC)$
Emory University in the United States has become the first higher education institution to hold Grayscale Bitcoin Mini Trust, holding approximately $15.86 million, marking a milestone in educational institutions holding Bitcoin. This move may encourage more endowment funds to diversify through Bitcoin.
3. $Microsoft(MSFT)$ Considers Re-positioning Bitcoin
Microsoft disclosed in a document submitted to the U.S. Securities and Exchange Commission (SEC) late on October 25 that it has proposed an "evaluation of investing in Bitcoin" and will vote on it at the shareholders' meeting on December 9, Eastern Time.
It should be noted that BlackRock is the second largest institutional shareholder of $Microsoft(MSFT)$ , and $BlackRock(BLK)$ has issued a spot Bitcoin ETF $iShares Bitcoin Trust(IBIT)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
