Be careful of 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 the profit except to 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 buy 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?
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.