Description
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 MSTR in the QQQ right now?
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
CNBC has been covering Bitcoin for 7 years (even longer) and their analysts still have no idea what they are talking about! River released a great diagram for the new global reserve asset and the global reserve currency. Michael Saylor predicts 100k by the end of 2024 along with the completion of...
Published 11/15/24