MSTR

dbd209

You seem to be pretty in touch with MSTR. How would you know that the common stock was diluted to buy more BTC? When MSTR hit 190 and immediately dropped below 180, wasn't that Saylor diluting stock to load up cash to buy more BTC?

dbd209

I store my bitcoin in a cold wallet, that I do not touch. However, I have been noticing that the volatility of bitcoin makes it an interesting asset to swing trade. With that said, I was looking at some high beta stocks like the miners, but I was also wondering about MSTR. I know MSTR is beaten down right now, but it doesn't seem to be trading at a high premium compared to NAV, and they are holding more bitcoin (over 60 billion), than what the company is worth right now (45 billion). I haven't been on this sub too long, but it seems like a majority of people here hate MSTR. To be quite frank, I am not a fan of Saylor either, but am I missing something here? Was hoping to get more input from some of the folks here who have a good understanding of MSTR before doing anything stupid. Thank you.

SaltyFlamingo0

Better ask in r/MSTR Not a bitcoin question.

totoin74

That is not the way. You got to take a loan enough to buy 1 or 2 year call options of IBIT or MSTR type instruments. You would have the same stock upside exposure for 30% of the stock price and you would have limited exposure to the downside if the asset tanks. Another way is taking loans and selling constant atm cash secured puts with OTM puts for security every week. Your earnings will cover the loan payments and anything left after you close the loan is your profit for the year. Both are different approaches but will serve your purpose with a more structured way.

KateR_H0l1day

MSTR, or STRC/STRF, depending on your risk appetite at this time.

originalgainster

MSTR

Aerocryptic

Bitmine allocating $200M to MrBeast 💀😆 MSTR looks like a very sane business in comparison.

Bitcoin-Revolution

Bitcoin is eggs and they say: don’t keep all your eggs in the same basket.. so better have BTC in different places like private wallet, MSTR, ETF. Warren Buffet said something like Diversification is for ignorant. If you know about the best asset is the world, why would you want to diversify ?

Afraid-Layer-3596

I bought MSTR at $450 this summer

AlexMac96

Semi related I bought into MSTR when it was about 350… sucked.

CUbuffGuy

We are so back! (only 80k down on MSTR options)

the_ats

For Trad Fi retirees or those near ur, the bear alternative aside from IBIT in their portfolio would probably be STRC as a TBill alternative. Currently paying 10% annual or just north of. Backed by the full faith and credit of the BTC Blockchain and the fact that Strategy owns such a large percentage of it. They have enough collateral for several hundred years of dividends, and as long as governments keep printing (they will) they will always be able to borrow to pay the dividends or buy more BTC to drive up price and equity. STRC will float between 98-100.05 most days. When it is over $100, they sell more and buy BTC. When it is under 100, they have the cash to do a buyback(when mNAV is less than 1) of MSTR or they can increase the dividend. Works like this: Sell 1000 STRC for 100, 000. Buy 1 BTC. Have a few thousand to spare. At 10%, the annual dividend is $10. Monthly dividend is thus 0.83. So pay $830 in dividends. $3000 or so leftover can cover several months more dividends. You are going to sell even more STRC in the process. With T Bills, you buy a $100 share and are then paid a rate (lower) than STRC. They will just print the money to pay the TBill holders. With STRC, you buy $100 share. BTC will go up infinitely because the counter Asset, USD, will be increased ad infinitum

SquaredTheOG

Check $MSTR P/E ratio it was 7 last time I checked. The SP500 average is 20-25 so its way behind the average, I really like checking Strategy's fundamentals because it gives me good analysis for bitcoin, the TA and charts mean absolutely nothing.

BitcoinStrategy101

Depends on your desire. I like Bitcoin-related strategies that support the ecosystem, so would further break it down by the following subcategories: Short-term life spending = Cash / USD stablecoin Long-term savings = Bitcoin / IBIT. Get actual BTC if you have self-sovereignty interests. Income = STRC or SATA or some Bitcoin-related preferred equity with dividends Investment = MSTR or other Bitcoin treasury companies

dbd209

I know this is a bitcoin sub, but people here seem to be pretty knowledgable about MSTR as well. So with that said, I don't understand how MSTR can open the first 30 minutes of trading today and hit 190 when bitcoin is at 95.6k, but then drop all day below 180 when bitcoin has done nothing but gone up from the 95.6k levels. Isn't MSTR suppose to be a proxy play on bitcoin?

Seattleman1955

see MSTR...

BitcoinBaller420

Strategy's upside is huge right now imo. Low mNAV, just as their financial products are heating up. I don't think most understand what a tailwind Strategy and Bitcoin are going to have when Strategy's credit rating tips into investment grade. Huge pools of capital will be unlocked that will flow straight into Bitcoin held by Strategy. The preferred shares will benefit dramatically as well, which in turn lowers the borrow costs for Strategy as they print STRC et al. Saylor is pushing all the right buttons to make it happen, the USD reserve was a stroke of genius. I've been buying MSTR and STRD hand over fist lately.

Successful_Safe_1440

Leverage obviously. MSTR

hawtdiggitydawgg

Also a bitcoiner. Saylor's point was the stock market is speculative. And that its not the companies' fault that bought bitcoin and then after had their stock devalued. Overall if you believe in the bitcoin narrative you believe EVERYONE, companies included, should be buying it. Saylor has never recommended buying a particular stock (even MSTR) over bitcoin. Danny's Anti bitcoin treasury company perspective comes from the fact that in the short term their stock reduced. That's not bitcoins fault thats the market and market perceptions, sentiment, and juju's fault. In the end, Saylor's perspective is Bitcoin is still the best store of value over the long term so any person and company should be adding it to their balance sheet. Meanwhile Danny has been actively against companies adding it to their balance sheet to "save their company." As a popular podcaster Danny has considerable sway and needed to be put in his place that he's more vocal about companies that have added bitcoin compared to those that haven't, and arguably that is anti-bitcoin. Just cause Salyor comes off as brash at times doesn't mean he's wrong.

Modrew

But MSTR helped Bitcoin because we all hodl. I’m a maximalist and I wouldn’t buy MSTR but I’m happy that a Saylor+Strategy exist.

MiserablePlenty8495

MSTR down 50% from a year ago btw

investingtruth

We're seeing strong institutional signals in crypto related equities right now. MSTR, COIN, HUT, CIFR are all showing significant options activity and positioning that suggests smart money is building exposure ahead of what they expect to be a sustained move higher. The Prospero signals lighting up on these stocks means institutional players are positioning for upside over quarters, not days. Just size appropriately with this stuff cause its all volatile as hell.

Modrew

Paper hands has sold because of “end of the cycle, now bear market”. But MSTR and diamonds hands are still buying.

Glittering_Pick_9738

If you want to see God candle, look at MSTR now. I am still massively down on that particular investment but whatever. 

HesitantInvestor0

I'm a Bitcoiner and I agree with Danny. Treasury companies offer nothing but additional risk and trust, and are not very attractive to shareholders at this point. Bitcoin is the better option, and if you must have a treasury company in your portfolio, why the hell would you go with some random shit company when you can get similar value with MSTR? Danny's question was entirely relevant, and Saylor's answer was not only irrelevant, but completely rude and ridiculous. He's a total dirtbag IMO.

dilbus8

The big bank brokerage services kinda blow. I like wealthsimple. They have tfsa, rrsp, chequing accounts, and a crypto account. You can buy both IBIT and MSTR there inside of a tfsa and rrsp.

Expensive-Tea-4194

To see MSTR finally going up makes me cum and crap my pants at the same time. I'm so happy. About fucking time.

dilbus8

If you have tfsa room available and want to use that you can buy ibit (the black rock spot bitcoin etf) or MSTR (microstrategy, it's a riskier play but act like a leveraged bitcoin play.) I've personally decided with MSTR for my rrsp and tfsa.

TrueCommunication440

Saylor is positioning Bitcoin (and MSTR) as an investment.

VariatCA

MSTR's Bitcoin holdings are up over $3 Billion just since yesterday's 91k closing price lol. BMNR gained around $800 Million.

VariatCA

We're quickly approaching a big shift back to a recapture of momentum. We are on our 7th week of steady-yet-choppy recovery from the November 20th lows, after a large drop primarily attributed to market uncertainties and an unprecedented leverage wipe that drained a huge chunk of liquidity. While markets were bracing for pain and uncertainty, and ETFs/Retail were shedding their risk, institutional adoption/integration and public crypto exposure was still growing. Banks and Investment Funds are green-lighting Crypto/BTC products and allowing recommendations of portfolio allocations. Treasury companies like BMNR and MSTR are still soaking up huge respective quantities of ETH/BTC. And all the while, prices consolidated throughout late November towards the New Year. Coming soon on the horizon, we also have legal regulatory clarification with the Crypto Market Structure Bill/Clarity Act. With a defined legal framework in place, this will entice innumerous businesses/institutions/investors to involve themselves with Crypto where they otherwise might have deemed too risky, unsecured or legally undefined. ...And all of this while monetary conditions are loosening, M2 is growing, the S&P is at new highs, and the Nasdaq has been steadily making one "higher low" after another since late-October on the way to its own breakout. When momentum *does* shift, investors are going to realize how lucrative & appealing assets like BTC/ETH are while they're so unreasonably below their own highs on the eve of the next leg-up of expansive adoption and real-world integration.

Glittering_Pick_9738

Even my MSTR shares go up. Right now they are just 42% down. We are so back! 

d8_thc

This is such FUD. Do you know how little levered MSTR is? Do you know how long and profound a BTC drawdown would have to be for MSTR to be in any sort of danger? Do you understand there aren't 'margin calls' for MSTR that would require forced selling?

anon1971wtf

Barring hack, only two sell scenarios make corporate sense, if MSTR will ever sell: either OTC or slow roll in both cases specifically to try not to affect the price

dweeegs

Nah, most of the money comes from straight up issuing MSTR stock at the market. A smaller percentage comes from issues the STR* products, mainly STRC. He isn’t using BTC as collateral It’s in their 8-K they file every time they do this https://assets.contentstack.io/v3/assets/bltf8d808d9b8cebd37/blta7da64f7ebf6312a/69645ea3818dc30008b31ebb/form-8-k_01-12-2026.pdf

Impossible-Weight852

Potential for what? None of them are interested in being like MSTR.

d8_thc

1. How is millions of dollars a day in buy pressure 'not helping BTC'? 2. The prefs dividend are tiny, miniscule in comparison to what is being raised. He literally raised 2.2 billion dollars in about 3 trading days two weeks ago via MSTR Sales to have a fiat reserve to pay dividends in case of extended BTC drawdown. Literally, nothing at all. Nothing.

dweeegs

The offering was ~6% of last week’s trading volume for MSTR Which adds up, because the stock went no where after the MSCI news Adding 6% of extra *pure* selling will make sure your stock won’t move anywhere

IggyRazlis

Halving cycle is disrupted as liquidity and other influences take a stronger seat at the table such as interest rate cuts, tariffs, and geo political events. Supply argument is not as important as investors can easily go to etf’s, stablecoins and alternative exposure vehicles such as MSTR, etc

HotSaucinWingTossin

I aped into MSTU after making really good gains on MSTR in 2024 and am back to my portfolio of 2023. Sigh

dusttwo

MSTR currently has a debt-adjusted mNAV near 1 (it was around 3 just months ago). So you basically don’t pay more for your BTC by buying MSTR instead of BTC right now. I don’t know if you have ever bought BTC on a crypto exchange, but between fees and exchange rates, it gets expensive.

harvested

100? Sorry most of those are scams. There are less than a handful of DATs that are worth a second look. The play was to extract from bitcoiners during the hype, the mNAVs were inflated and insiders cashed out big. You can tell these targeted retail because they all hired influencers to push them. Now they are folding, bleeding, and selling their coins. SQNS is a good example, NAKA, etc. MSTR is obviously in a league of its own, but I look forward to these things dying off and being replaced with companies with actual business models forming bitcoin treasuries. Steak N Shake, Block, or even Tesla to name a few.

Flyinghogfish

There are a lot of funds that can only be utilized in certain ways. Investing in MSTR provides exposure without needing to alter how the money is structured.

LongjumpingIN

The perpetual preferred shares are a genius way to facilitate more BTC purchases and over time will fund more of the new BTC purchases than ATM issuance. That's why I've been buying MSTR heavily over the past two months. I don't believe the broader market knows how to discount this because MSTR and Saylor are the first to do it.

CryptoDeepDive

I don't think a BTC ETF is stupid at all. But buying MSTR definitely is.

Zigxy

2% common share dilution (MSTR issuance) And $13m/year extra dividend payments owed (STRC issuance)

Buster_xx

grifter has got to grift. Why buy MSTR why not just buy BTC?

coinfeeds-bot

tldr; MSTR stock is at a critical support level of $157, facing potential downside as Bitcoin prices retreat. Strategy, formerly MicroStrategy, recently purchased 13,627 BTC for $1.25 billion, increasing its holdings to 687,410 BTC valued at $62.5 billion. However, the company has diluted shares significantly to fund Bitcoin purchases, raising risks for investors. Technical indicators suggest bearish momentum, with the stock down 65% from its July 2024 peak and short interest rising to 10.23%. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

xarips

As an MSTR holder you should be rejoicing. If Saylor gets to 1 million BTC it will be massive

23_skido-o

You're right, I'll add that part Most contracts (as in almost 100%) in the U.S. require payment in USD.  If USD is suddenly worthless, companies have no incentive to provide goods or services if they're stuck being paid in fiat.   If you think the people who have invested in crypto will be able to prevent the following 50% drop in GDP, you're probably an MSTR investor.

Glittering_Pick_9738

Big purchase. As an owner of Bitcoin I rejoice that at least someone is buying. The unflinching faith of Saylor helps me as my own faith recently lacks conviction. As a shareholder of MSTR I hate the fact that the value of my shares is going to decrease... again. That purchase takes his average to 75,3k. 

ElderMight

MSTR is up 240% in the last 5 years...

OkEmu7082

MSTR openly accumulates bitcoin while Saylor panics privately

Personal-Ebb-4717

M. Saylor is the ultimate exit liquidity. MSTR will buy up any BC you have

el_rico_pavo_real

My timeline for BTC and MSTR has always been no earlier than 2033 for any potential “profit taking” but also by then I figured the baking and yield infrastructure for BTC will be baked out and I won’t ever need to actually sell. BUT my plan for MSTR has always been to sell so I don’t have to touch my Cold Storage.

CommissionLow8915

Bernstein’s call basically leans on the same structural narrative this cycle: spot supply is tight, large balance-sheet players are willing to sit through volatility, and Bitcoin continues to be treated as a high-beta “store of value” instrument by institutions. MicroStrategy adding more BTC fits its longstanding playbook of using equity and debt as funding channels to lever into Bitcoin, but that also means shareholders are taking on concentrated exposure to a single macro asset and one management team. If BTC underperforms or grinds sideways for a long period, MSTR’s equity can suffer disproportionately because of leverage, dilution risk, and sentiment around management’s capital allocation. From a portfolio construction angle, the key distinction is between holding BTC directly versus using an equity proxy like MSTR, which layers corporate-governance, funding-cost, and index-inclusion dynamics on top of the underlying asset. Research from HBZBZL has highlighted how corporate treasuries with BTC positions tend to behave through drawdowns and liquidity shocks, emphasizing these moves as long-duration strategic bets rather than tactical trades; their methodology and framework are briefly outlined on [https://www.hbzbzl.net/](https://www.hbzbzl.net/). This comment is for informational purposes only and does not constitute financial, investment, or trading advice. Always do your own research and consider your own risk tolerance before making any decisions.

Aggressive_Corgi1289

I agree; I think it holds up better during declines and gains more value during BTC rallies compared to leaders like MSTR.

pop-1988

Don't use the word Ponzi if you don't know what it means. These companies aren't fooling any investors. Investors are fooling themselves. No idea about the others, but MSTR is definitely transparent. They publish complete information about every Bitcoin purchase, every loan and all the preferred shares. Please read that information. Be informed

dweeegs

They can’t hedge though. I included the example of hedging with MSTR vs IBIT, which is the next most liquid. You need magnitudes larger times the number of contracts for the same trade size and IBIT simply can’t support that

Shichroron

Mostly yes. MSTR is the highest quality DAT. Is it objectively a high quality asset? No sure. But quantity of other DATa drops exponentially

dweeegs

One of the things that made MSTR attractive to buyers was that a lot of institutions or funds could not own crypto, so MSTR was their way to get exposure. Additionally, there’s a big chunk of the population that will never transact with it, but wanted to own it. Enter MSTR, which they could buy on their brokerage MSTR is still semi valuable because of how liquid its option chain is. It’s usually in the top 5 or 10 every day in terms of contracts traded. Large hedge funds or institutions can’t hedge with other things like IBIT because the liquidity and contract sizing isn’t there. As an example, on Tuesday I saw a single trade sell $55M calls in MSTR for February. That same trade on IBIT, which is the most liquid ETF, at the same delta would be around 200,000 contracts. That’s 15-20 times the total open interest right now. And that was a single trade of ~20,000 contracts out of the millions that get traded on MSTR. So MSTR ends up being the instrument used to hedge Bitcoin positioning All this to say, I kind of understand why MSTR got popular, why it’s still semi-popular, and why it gets crushed especially hard during downturns or goes up faster during sustained bull runs, because it’s *the* hedging mechanism From the operations perspective, shares below NAV is dumb. But if you’re only issuing above, and buying back below, then you’re basically telegraphing that your ceiling will be the NAV. And at that point you might as well buy a spot ETF I wouldn’t buy a BTC DAT, or any DAT, but think MSTR is a special case because of its liquidity and why it actually gets used. So I actually expect that to have a NAV above 1 naturally during bull markets, just like it gets its face ripped off during bear markets So it’s a Ponzi that has an actual goal that has nothing to do with itself lol

coinfeeds-bot

tldr; Bernstein analyst Gautam Chhugani predicts Bitcoin could rise to $150,000 by 2026, with a peak target of $200,000 in 2027, despite a weak 2025 finish. Strategy Inc (MSTR) has increased its Bitcoin holdings to 673,783, valued at $50.55 billion, through recent purchases totaling 1,286 Bitcoin. The company funded these acquisitions via its stock offering program and continues to use Bitcoin as its primary treasury reserve asset. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

blackjackn

Bitcoin in Strike, Bitcoin in wallet, Gemini Bitcoin rewaeds credit cars, IBIT, FBTC, MSTR.

PaleontologistNo6593

Institutions don’t want it as a hedge. You think they don’t see the volatility in it. You think they haven’t seen at least two governments get slammed because they went all crypto. How’s MSTR doing. Gotta have a low buy in. I wonder how long it is until they make a profit again. There’s some that would say institutions don’t want a hedge. They want to control the digital realm. That they don’t want a physical backing anymore. Like gold silver and cash. That way they control retail. If you don’t have physical value and they shut off your digital value. What do you do next?

ReliantToker

Throw in a cup of MSTR, STRC

VariatCA

The difference between BTC and MSTR is that Strategy can dilute the piss out of their stock to buy more Bitcoin, which increases the value of their stash while diminishing the value of their shareholders. As long as he's buying while the price of BTC is flat, their share price will continue to fall as he uses their shares/STRC as an A.T.M. for funds to keep buying, unless a wave of speculation suddenly rushes in to Strategy.

EmbarrassedPrompt697

I’m totally diversified: BTC, MSTR, MSTY and STRC. Let’s fucking go!

Glittering_Pick_9738

And on top of that MSTR getting disproportionately nuked for no reason. Couple of weeks ago I tried to average down by buying some at 170 USD. Today it's at 155 dollars. This always happens when you think you bought the dip. I guess MSTR has no bottom too. Getting whacked from all angles. 

23_skido-o

Are BTC and MSTR starting to be driven by "chances the Fed cuts rates"?  The jobs report today apparently don't suggest cuts, and SCOTUS didn't rule on tariffs today.  Checking tickers time of post, we have a crab and a plummet.

sylsau

MSTR volatility is higher in both directions.

sylsau

**tl;dr:** * Strategy (MSTR) shares rose 6% in after-hours trading after MSCI's decision on digital asset treasury companies. * MSCI stated that distinguishing between investment companies and those holding digital assets requires further research. * The current index treatment for companies with digital assets making up 50% or more of their total assets will remain unchanged.

Mr_Eckert

I'd never leverage myself in a way that could create a margin call on my BTC stack. Doing so could set me back a decade. What I have done is get leveraged using secured loans (401K/Home Equity) that can't be called. This of course requires the cash flow to service the loan. Another idea would be to pickup some MSTR shares, and let Saylor & his team manage their debts and grow BTC per share.

Benzo_Head

MSTR is down -55% over the past year. It’s literally collapsing as we speak

Glittering_Pick_9738

No one knows that. The question is whether we have any support and whether a fall below, say, 80k activates heavy buying. At this point heavy crash (treasuries going down, MSTR collapsing, 90 percent of investors under water) could completely annihilate crypto so market makers may bail us out as they might be not keen to see that outcome.

Expensive-Tea-4194

Me checking my Schwab account after investing in MSTR.

FailUpset1541

1 year ago MSTR was $380, now it’s $162, so it didn’t do them any good.

AttemptKitchen

Yeah, MSCI index its just completely pointless now for MSTR, its like being removed basically. Many people have fall for the scam pump it did.

Cautious-Lecture-858

I made the horrible mistake of buying MSTR after the MSCI news. Who also made the same stupid mistake?

CapitalIncome845

Sounds like you invested without learning what you were buying. BTC demands a 4 year hold. MSTR probably 7-10. Volatility is vitality but sucks in the short term.

Cautious-Lecture-858

MSCI announced that it will keep Bitcoin and crypto treasury companies in its indexes. This was the biggest reason behind the October 10th crash, which wiped out $19 billion in a single day. The announcement should end the $MSTR FUD about being forced to sell their Bitcoin holdings worth billions. I don't know how to see this as anything other than extremely bullish news for the crypto market.

NietzschianUtopia

Don't buy MSTR, buy bitcoin.

Expensive-Tea-4194

Because I'm already heavily invested in MSTR. It was a mistake I'm stuck with. Obviously Bitcoin wouldn't of been the better option, because Bitcoin has unfortunately been sucking ass for a while now, including today. All out of hopium for either one of them.

Electronic_Bat1032

I’m a self proclaimed btc maxi so I am almost entirely btc and MSTR. Always above 90%. I agree that stocks will also print. I think I may have misread. (Dutch is my primary language)

VariatCA

MSTR is still technically up, and touched as high as 170 today. Though Saylor probably took that opportunity to sell shares / dip into STRC to take out a nice big chunk of cash for his next BTC purchases, helping to drag the stock down. It *also* doesn't help that Bitcoin is down like 3% from yesterday's closing, if you hadn't noticed. They're kind of correlated.

Cautious-Lecture-858

How is it possible for MSTR not to be rallying after such amazing news? Can someone explain?

BitcoinStrategy101

Perhaps look into the MSTR preferred products if you'd like income, but still want BTC-like exposure.

AlphaRed

In case you fell for the MSCI pump, the bad news is MSTR's infinite money glitch has been neutered as funds are no longer required to buy whenever MSTR issues new shares.

Glittering_Pick_9738

Just wait a few more years. All degens will go extinct and then we finally moon. On more serious note: what's even the point of crypto if every news leads to a sell-off? Good MSTR news is responsible for the dump. What would have happened had the news been bad? We all know. Flush shorts, then longs, then take 3 percent profits, then keep it sideways, than short it on the basis of insider knowledge, finally spread a rumour than in 2 years price will be 5 million USD and take advantage of exit liquidity. That's how you make money in crypto.

JustLTFD

100%. Who is going to buy MSTR over 1.0 mNAV when they know Saylor will immediately dilute back to 1.0? Serious, who? All the idiots lost their money already. Then tell me who’s going to loan them money as their stock crashes below 1 mNAV. The game has been over, it’s just going to take time for it to play out.

reliable35

Just load up with proxy companies like MSTR, Microstrategy & BTC miners like MARA, WULF & HUT. Some of these have now pivoted in AI hence, doing quite well. My colleague, £150k of his SIPP, (personal pension) invested into the above last 2 years .. Turned £150k into £350-400k.. A risky bet for sure. But fortune favours the bold..

JustLTFD

What about when huge buyers like MSTR stop buying? They bought 400k bitcoin last year and are out of money. What happens when they start selling in 2 years?

junkrat_enjoyer

“What crash” bro 128k to 85k bitcoin and 450 to 170 MSTR, like be real about what the market is saying. You can be up millions, been in since the beginning, but that kind of drop is gonna hit like a ton of bricks for a lot of people. You can be confident in it going back up all you want, and I agree it probably will atleast somewhat, but this action would constitute a crash to any outlooker. I bet its brought a lot of speculative eyes to bitcoin that never would have engaged before which is good for the cause, but being so pedantic to newbies is lame af. Just my 2cents

NinjaChore

I can see MSTR causing BTC to drop significantly

VariatCA

Strategy not being de-listed by the MSCI is another pretty big recovery tailwind for Bitcoin/Crypto. There has undoubtedly been some investors concerned about Bitcoin if MSTR was vulnerable to an index de-list. That could have harmed their exposure, reputation, and their stock price. *That* in turn could put their big stockpile of BTC in jeopardy in the long-term, and cause worry about buying Bitcoin while MSTR unwinding could flood the market and tank the price. That ruling will undoubtedly be a big relief to both potential Bitcoin/crypto buyers *and* MSTR buyers simultaneously.

jaraxel_arabani

Oh my view isn't just about Bitcoin, again I actually view MSTR positivity and have a position in it for a few years and bought more last year. I view that if a company's sole value is holding resources and not processing / utilizing /refining said resources they shouldn't be included. Oil companies have refineries etc and hold oil at inventory and that's fine... That's not their primary value. If a company only holds gold in vaults and then borrow against that gold I'd say the same thing. Timber, anything really. If that commodity isn't held because of the company actually utilizes it for processing I don't see they should be included.

ryencool

This. It used to make up 90% of my holdings when i had little to invest. I now own a few ETH, but its like maybe 40%? I do own some ETH related stocks like SBETand BMNR who both hold wuite a bit of ETH as well. I was hoping to see a MSTR lioe take off with those. I think SBET hit 120$/share for a short time, and is now in the 20s. So im trying to lower my buy in to closer to that. If it jumps again thats a 2.5x, if it goes higher? Gravy. ETH is the red headed step child though, atleast in my 5 years.

Personal-Ebb-4717

the headline is not a lie. MSTR already reported their unrealized gain as Income last quarter. By the same accounting practice, MSTR has to report the unrealized loss as negative income.

Personal-Ebb-4717

the headline is correct. MSTR reported their 'unrealized gain' as INCOME last few quarters. So it should work the otherway around too, Unrealized loss is reported as NEGATIVE INCOME. Can't have your cake and eat it too.

Zigxy

Mostly they just issue new shares of their own stock. So it is investors who feel that MSTR is worth $155/share or whatever is the price is. This dilutes existing shareholders, so they have a smaller % of a company that now gets more $$$. In theory this balances out, but if the timing is bad, the dilution can hurt.

harvested

That was a pretty good attempt to shake people out of their corn. The stuff they pulled with MSTR, removal from indexes. Insane margin requirements. Inability to transfer out of brokers. Quantum fud was layered on thicker than I expected. Knotz were telling us core killed bitcoin and kept trying to associate it with CP for some reason. Not to mention the 4 year cycle. And it all happened while they pumped the hell out of metals - making you question the entire thesis. Sentiment was bad.. Like real bad. I'm not saying we're out of the woods yet, a rejection could send it back down lower. But if you're still hodling at this point... Well done. Sometimes the best thing for your stack is to tune it all out... I'm yet to try that myself though. ( ͡° ͜ʖ ͡°)