500,000 Bitcoin by 2025, $100,000 Bitcoin in Q4 | Chapter 12
Description
In this video, we review the SEC's special approval for BNY Mellon to custody digital assets and be a custodian for the Bitcoin/Ethereum (Ether) ETFs. We also look at Dr. Jeff Ross's predictions and analysis for the start of the 2024-2025 Bitcoin bull market. We also look at Bitcoin's seasonality and see that this is Bitcoin's BEST September since 2013 which should lead to a very bullish Q4 for Microstrategy stock and Bitcoin. To finish, we look at analysis from Ben Werkman on how MSTR can acquire 500,000 Bitcoin (250,000 more from current holdings).
Microstrategy surged to a new all time high today above $500/share. Is it in a mania bubble? No, at least not yet. In this video we go over the new $2.6B convertible bond at 0% interest, we discuss how to value MSTR stock and the release of the Bitcoin ETF options chain on IBIT, and what rank is...
Published 11/20/24
Can Microstrategy acquire 1,000,000 Bitcoin and potentially hold more Bitcoin than Satoshi Nakamoto or another sovereign nation? I think yes. We also discuss options on the ETF and what the ratio between Bitcoin and MSTR should be in a portfolio.
Published 11/19/24