BTC
Grayscale Bitcoin Mini Trust (BTC)
Mentions (24Hr)
-12.00% Today
Reddit Posts
With bitcoin coming to 401(k)'s, does that make BTC-related stocks the most obvious investment right now?
I built a free chrome extension that lets you view candlestick charts with $ tags (Ex: $TSLA) on Twitter
Decentralized Search Engine Hoping To Rival Google Launches On Mainnet
$BBIG $TYDE Post spin off DD for a made in America metaverse
$BBIG $TYDE Post spin off DD for a made in America metaverse. And a reminder, short share dividend liabilities (10%) are in effect for any short position on record not closed by June 1st.
Stock Crypto Altcoin NFT experience but seeking some serious insight.
Not sure how I missed this - How many of you knew that another country (besides El Salvador) had made BTC legal tender?
Is dividend investing a good strategy to help build up a down payment for a house?
The importance of understanding the relationship between flows and market capitalization
BTC is finally over $100,000...ahem UST
MicroStrategy Down 46% YTD, Will Get Margin Called if BTC Falls Below $21k
$BBIG $TYDE Post spin off DD for a made in America metaverse
$BBIG $TYDE A metaverse made in America. Post spin off DD
$BBIG The bigger picture DD to fully grasp post spin off
Ethereum (ETH) Analysis | Bearish on all time frames
$BBIG Okay, so you got some bbig shares...here's some TYDE dd to wet you whistle
$BBIG I won't bore you with old info. How about some future $TYDE speculation?
Bitcoin Creator Launches IP Claims Against Digital Currency Exchanges Kraken and Coinbase (COIN)
Elon mask brought twitter. Elon mask want to buy cococola.Elon Musk Bought $2,9B BTC, Elon mask brouth twitter for 44$B USD, Elon Mask BTC News Today #BTC Elon Musk Bought $2,9B Cryptocurrency, Ethereum & Bitcoin Will Explode In 2022 ! BTC News Today . Elon gives $2.9B gift to Twitter #Elon #Musk #B
Fidelity announced this morning (2022-04-26) that they will be the first major retirement plan to allow investors to put bitcoin in their 401k plans (Investopedia).
$BBIG $TYDE Wattum mining, subsidary of Cryptyde, has expanded capacity at their facility. Added links in description.
$BBIG $TYDE UPDATE Wattum mining, subsidary of Cryptyde expands 14mw facility operations.
If you are wondering why so many here hate NILE it's because NILE hates retail investors- I'll explain
$AXXA @exxegroup finding bottom huge upside here
Wise to enter credit spreads if earnings are before expiration but intend to BTC before earnings date?
Like I said BTC under 40K called it at 43k
Nile heavy undervalued. Manipulated by short sellers and bashers. Even how, its just crazy how dirt cheap this stock is right now
Most Bitcoin mining stocks including $HIVE, $RIOT and $HUT are uninvestable.. Here's why
$NILE - market closed weekend Bitcoin squeeze.
Under the Hood- ROBINHOOD Crypto Wallet Live Today + BTC Lightning Network Integration
What are the chances of a flash crash coming to the stock market?
Summary statistics of crypto sentiment/adoption + Last call for responses
NILE fundamentals are better than SST and ATER combine
NILE is about to bottom. I see support (previous resistance) at .62c. I also see possible gap fill at .59c. Once those gaps are filled there is a possibility of another run from buying pressure. Looking to load at .62 then again at .59. Holding 10k shares for now. 8 BTC per day is major.
Why are the $NILE posts in here so much today?? Back to back reds, not even a short squeeze play.
Utopia P2P - Crypton Exchange, a global anonymous and secure no KYC exchange has added a trading pair BTC/USDT to the platform.
vanEck analysis: Gold & BTC potentially undervalued dramatically
Where do we think NILE can go in the month of April?
The 19Millionth Bitcoin Was Also Mined, Only 2 Million Unminted BTC Remaining
Actual DD on the recent BitNile Bitcoin production report. $NILE
When the BTC report NILE drops tomorrow doesn't wow the market how about you guys go to VTNR and actually make some money.
Crypto exposure via self-directed IRA -- good idea/bad idea?
$LABS.TO / MEDIF has bottomed and it’s going up.
Being short or trolling $NILE is the same as being anti BTC. You just look dumb. Let’s go $NILE. Shake out the tools and penny flippers before the run to $3
BTC 48,000+ $NILE where ru baby?
BitNile Holdings ($NILE) has capacity to expand to mining 42 BTC / day in just their one datacenter
In $NILE ONE datacenter, they have capacity to expand to mining 42 BTC / day
Utopia's Native CRYPTON exchange lists BTC
BTC up over 5%, just broke $47K. LFG $NILE !!! Holding just under 75K tendies let’s get rich- buy, hold, buy more…and then get free shares of TurnOnGreen IPO in the process. Why is $MARA $28/share when they’re cash flow negative vs. Bitnile printing money while holding 10% of $MULN and diversified?!
At 22, what percent of my total taxed investments should be risky/growth oriented?
Rising Interest Rates And The Coming DeFi Implosion
Summary statistics of crypto sentiment/adoption after first day of polling
To my current and future fellow $Nile investors. Tomorrow will be very interesting. BTC closing strong and looking good, $nile up 3% AH I’m feeling really excited about the coming days and weeks. I leave you with the following
How long will the correction of the crypto market last- my opinion, amateur
How long will the correction of the crypto market last- my opinion, amateur
$ICOA strong revenue projections, annual report release March, 3240 BTC under management + 2000 BTC otw, NFT platform launch Q2, Robo investing Advisor Phase 1 March & more.
CEX ongoing restriction of Defi users; Defi alternative platform for traders (Oddz Finance).
There are so many partners, but I remember few of them like DeFI Wizard, Najed Capital, Interpol DeFI, Wolves Capital, Traveler Capital, etc. 💥🚀✌🤑💵 #Trycrypto #Indiawantscrypto #generic #NFTs #NFTcollection #NFTGame #nftcollectors #NFTartists #NFTlaunch $BTC
Data point: Selling Options, 0.06 Delta vs 0.11 Delta, since May 2021
Data point: Selling Weekly PUTs for 100% Rate since July 2021
Where do we put our money (USD) when it deflates a large amount.
Expected moves this week. SPY, COIN, BYND, SQ, MRNA, BABA, and more.
Mentions
Selling all my BTC in early April 2023 and throwing it all into MSTR based solely on past performance of the stock. Ended up pulling a 15x win
The easiest and fastest money I’ve made was on KULR, read about it on Reddit and bought at $0.5 sold later at $3 in about a month. Based on them buying some BTC and my gut feeling of them being over valued at $3 their market cap went crazy.
BTC is better than gold. And gold has a 23 trillion mcap.
The prophecy is foretold. SPY, DOW, RUSSEL, NQ = red BTC, GOLD, VIX =. Green
Not so sure... Yeah, back and forth but it's like Israel hits 100 strategic targets then Iran hits 1-2 random targets. This is starting to go the route of Hezbollah . Except this time, most of the world is sort of okay with this and no need to join in as Israel has this easily under control. They even now have air access. So in a way, this escalated so quickly to Israels favor that it is almost becoming a non-event for US. Forget weekend DOW... the best indicator of marketing open on Monday is BTC. So far, it's still hovering flattish from Friday at about $105k. That tells em flatish open. But we still all of tomorrow. If things keep going the way they are going, hard to see Iran standing much of a chance and other than oil impact, don't really see this causing much pain with US markets. I'm probably just rationalizing my substantial SPXW call that expires next week :) (exiting Monday or Tuesday before fed).
BTC is gonna be hitting ATHs for the next 50 years
What do you mean, live right now? or some kinda etf? !p BTC
Dont forget. BTC decoupled from stock market 2 months ago
BTC does not seem to care about war
You’re missing BTC in your portfolio, that is what’s happening. Try diversifying.
I thought $NVVE would be different, a better play than KULR, and they’re going down the same road, tons of warrants issued that’ll probably show up as shares OS on the next ER - in the end, the BTC thing really is a red flag for small companies. I’m just holding $ESMC & $OMTK for now - you could say that there’s no volume but I like the lack of volatility and my average. They’re long holds for me 🤙
Siri, ask the WSB AI Chat: Does Iran have enough BTC to justify dropping the price?
Still a scam. Glad I got out when I did. The BTC purchase was a red flag and I bolted.
Nonsensical. This is what everyone said when BTC payment modality was introduced years ago. The existence of BTC payments or stablecoin payments is irrelevant if nobody wants to use them. BTC payment has existed for over a decade now, nobody has adopted it or gives two shits about it. Certainly hasn't hurt Visa or MC. The older generation doesn't trust it and half the younger generation doesn't either. Can't blame them given the insane amount of scams out there involving crypto and bitcoin payments. In addition to that and possibly more importantly is that people love their credit card points and rewards. Nobody is going to prefer to use crypto payment if it doesn't offer rewards. And if it does offer rewards, it will have to charge merchants a fee and then it will be no different than visa or MC.
BTC loading with a lil’ dippidy dip. 110k monday -> see u bears!
You don't spend BTC. You horde it.
I don't think you understand how stablecoins work. They don't have mining issues like BTC.
There was a solid 1500% run up for KULR, it did explode & you missed it cause you never bought. Sadly it started being a BTC company shortly after and announcing a r/s after that so positive sentiment is now a lot more hard to find.
Set up a Roth IRA for him. 3k in a Roth IRA today should be worth more than 12k by the time he’s 18 due to the rule of 72 assuming an 8% return per year. I would also recommend looking into crypto if this is an investment your holding onto for 15+ years. Stay away from meme coins, BTC is the largest and generally referred to as the most stable with its high demand
crypto is shit? you got a portfolio with better CAGR than BTC?
You remember when people shit all over $ASTS at $3, then $5, then $10, then $20, yeah definitely when it hit $40. What I do know is that no one will be commenting here about $KULR in a month, because it won’t be a penny stock any longer, have a new attractive 40M float, and, oh yeah, 900 $BTC. I guess no one here knows about $BTC and that it just hit $111K. Oh yeah, that’s right you all do know that. I’m sure you all have stories about “bro I had a ISB stick with like 100 $BTC on it but I lost it”. And that’s why they don’t like $BTC anymore. Your emotional dissonance and the downvotes tell me everything I need to know from a sentiment standpoint on $KULR. Definitely buying more. You can come back in a yeah and troll me, if you want! I’ll let you know how my $KULR investment is going.
Might be stupid to get politics involved, but I ain't giving a cent to a company that literally is doing Sauron's bidding. We can not let the Dark Lord win and rule us all! Joke aside, people always say "don't invest with your beliefs" but people investing on beliefs actually made the most on EV, BTC and many others simply cuz they believed when no one would. If you think Palantir should fail miserably and wish to send Thiel back to the underworld, then do not believe, do not buy
Hey man, hope you’re having a good weekend. My cb is at $2 and I’m thinking of buying in few at .80. But at the same time, I’m worried that we’ll see more dilution following the RS for Mo to buy more BTC. They already have diluted us so much, which is why the float is massive atm. Like you said, there are definitely some pros such as having a smaller float - we might get a nice pump from the Russell inclusion, and I’m hoping they have a few aces up their sleeves in terms of PRs to release flowering the RS. Potentially see a SBET related move? 🤞 Anyway, how much more dilution do you think we’ll see? I believe we’re close to the milestone of 1k btc
I just went through and calculated what % of my acct was active vs mutual funds. It was a whopping 25%. But although that looks absolutely reckless my holdings were conservative. Hand picked to not be tech bro US or AI exceptionalism that may have gotten hit harder today. That is why my 25% holdings maintained value today while my index funds in both US and international took a big drop. So next week I will make decisions on how to allocate passive vs active again. I don’t want people to think I had 25% TSLA, NVDA, BTC or MSTY, but it was 25% holdings I hand configured outside of mutual funds. I am always mindful of aligning my risk profile with macro economic out look as well. I am happy taking on a more conservative allocation in today’s time knowing we have had strong rallies recent.
thats for the card, you need a coinebase one membership to take advantage of the return in BTC
I believe this was meticulously timed to shrink the float and raise the price prior to the Russel 3000 inclusion. They are already sitting at 21% tute owned and are looking to get away from the big float big volatility climate they've been living in. The CEO owns 10% of shares- absolutely no chance he nukes his own stock without an ace up the sleeve. Whether it's BTC or other PRs I'd expect some action in the coming weeks. Downvote me all you want but I don't think this is your typical RS.
what is the deal with these fake RH notifications about BTC price? just got one 'BTC is below 101k!", then I check and it's at 105k...
I’m anti that whole region indiscriminately. Thought we were saving money here? That money can going to Israel can fund the BTC strategic reserve and you know… make me even more money
If you consider “rich” being “I hit $2k off a scratcher,” then crypto might win, but on balance if you think more people have come out better of BTC or any other crypto over standard, boring, hundreds of years old investing strategies, I’d guess you’re neither right nor rich.
Always love this comparison. Tulips had one market cycle and crashed and never recovered. BTC is in it's 5th market cycle. Unless you bought within the last 21 days at certain times you are up on your BTC investment. People have been making this joke since it crashed to 3,500 after the first mania. Imagine if they had just taken the time to research it and invest a small amount instead. But hey, at least you got the memes!
“BTC is a safe haven asset” 🤡🤡 MUAHAH
It's hilarious how Tesler is uncorrelated with the market. Even altcoins are correlated to BTC, but Tesler is an entity isolated from reality, haha. I've seen this in very low-cap memecoins
You can also decide what you believe as this is how the stock market or value/growth investing works. I know that Ryan Cohen is an enterpreneur who got rich because he built up an Ecom company (I'm an Ecom exec on my own) at a young age which was competing with AMZN, which is a big thing. He knows how to build, he is not a Ponzi Saylor who sells people the dream of neverending BTC returns. Ryan is raising money so he can buy/invest into comoanies which either fit into gamestops operating model, extending it or help to transform it into a holding. That's his core expertise. He has now a vehicle with cash which he can use to invest/built/optimize companies.
This comment needs to be higher. The nft, collectables 😂 and now BTC. What on earth are they thinking over there. Every chance rc gets he dilutes shareholders, he's pulling their pants down &dry bumming them and they still love him.
You can also decide what you believe as this is how the stock market or value/growth investing works. I know that Ryan Cohen is an enterpreneur who got rich because he built up an Ecom company (I'm an Ecom exec on my own) at a young age which was competing with AMZN, which is a big thing. He knows how to build, he is not a Ponzi Saylor who sells people the dream of neverending BTC returns. Ryan is raising money so he can buy/invest into comoanies which either fit into gamestops operating model, extending it or help to transform it into a holding. That's his core expertise. He has now a vehicle with cash which he can use to invest/built/optimize companies.
Btw, your example is not a good one, as thats exactly the reason why RC didn't yolo all the cash into BTC as Saylor does.
This is uncommon for a senior note offering, but doesn't really matter. When they convert they either get the shares or the cash value or the shares. Not the cash value of 2025 when they got the option, the 2032 price. So GME has a MINIMUM of liability of $1.75B for the $1.75B loan. If GME moons and the market cap goes just 10X by 2032, they owe $17.5B in stock, or they can opt to pay $17.5B in cash. You never answered my question. Why do you think a financial institution is willing to loan out $1.75B for 7 years for 0.0 interest when inflation alone will eat about 20% of that? When T-notes are guaranteed and paying free money? The end point in all of this is it's not added value to the GME's valuation. They got a loan for $1.75B. Yes, add it to the cash reserves. But then list it also as a liability that they need to pay off a minimum of $1.75B, with theoretically no max. While it could be really good, it could also be terrible. If they continue to invest in BTC and some new tech comes in over 7 years and the price drops, but the GME itself kicks ass or exposes shorts, for instance. In that case if BTC went back to $50k but GME 10X'd, they owe $17.5B either stock or cash but that investment is now worth less than a billion. THAT is why senior note offerings exist. If it was just 0 interest over 7 years, risk of losing additional money if the company goes bankrupt, and then the borrower had the option just to pay back the initial principle after 7 years with no interest, there would be nobody offering to lend billions of dollars.
Didn't BTC already rug?
This is a weird take. The world is not black and white like that. You can believe WB is great at picking stocks/companies and still believe he is wrong about BTC. WB has been wrong about plenty of times throughout his career and will probably be wrong again. Still one of the best investors of our time.
This is called a dumbbell approach, with BRK being your "safer, slower growth" bet and your BTC as your Beta play. 80/20? 60/40? Weight makes all the difference. Also, you're taking on unnecessary risk going with BRK, why not just go QQQ or VTO instead and eliminate single party risk?
Just sold some BTC on HOOD LMAO ok buddy 😂
Honestly, I'd do it maybe 70 / 30 split, the latter being BTC Especially if you do not need the money, go ahead
Open Interest represents the number of contracts that exist at the start of each day. Each party to an option trade may be opening or closing the contract. There are 4 scenarios: 1) Buy to Open (BTO) and Sell To Open (STO) Both parties are initiating a new position (one new buyer and one new seller) so Open Interest increases by one 2) Buy To Close (BTC) and Sell to Open (STO) 3) Buy To Open (BTO) and sell To Close (STC) If a contract owner buys or sells to a new trader, Open Interest does not change (an existing contract is changing hands) 4) Buy To Close (BTC) and Sell to Close (STC) Both parties are closing an existing position (one previous buyer and one previous seller) and Open Interest declines by one. This can be from actually buying and selling the contract by each party or via exercise.
Becaus eof how thing are rn, i put my money on BTC for now. It feel detached enough to at least not have any drastic swings
Why are stable coins actually attractive? I can sort of understand BTC, but what’s the benefit for either investors or the company?
They are a 2 sided coin trying to sit on edge but they keep tipping over to the BTC side.
I did for a bit during the last halving cycle. There weren't as many options as there are now to play BTC.
Another rejection will put BTC at 90k
Get with the times. They don't do video games anymore, now they invest in BTC lmao
Can you blame them? Country is being run by a dictator. The Majority of the government is complicent to Christian Authoritarianism. Alling with Putin. Threatening other countries with Invasion. Not only have they lost faith in our currency, but in us. I'm dumping my Dixie into BTC..
I said it in Superstonk yesterday... If I take a 1 million dollar company, offer half of it as collateral for a $500,000 loan, then invest that $500k in BTC do I now have a $1.5 million dollar company? No. Not infinite money glitch. Just a legal and modern version of Enron accounting where equity they get from the loan is seen as an asset but that liability is conveniently forgotten.
BTC 🌽 just gapped up. Peace talk rumor? 😂
Anyone short MSTR and take proceeds to long BTC? The Chanos trade.
Forget cramer.. you Nor anyone can say it is a deep value stock, because it did not GAIN value from its business, it got it from a pump n dump.. Deep value literally means it HAS value, can make value and will continue to do so, but it is not being recognized as such.. It is 100% a failing business and Model The funfs pump n dump is the only thing keeping it alive.. if they did NOT actually buy something WITH actual value, BTC, they would have been draining the cash on hand trying to pretend it has a working business and model..
$BTC / $MSTR / Literally anything I have spare cash for, this dip will be very short-lived.
BTC doesn’t know how to react because it’s a fraudulent asset for zoomer retards
It's also getting another 10% dilution around $29/sh. All day it's close to a 20% dilution to raise immediate cash. Now you either have to look at the cash as A) a liability, or B) a not factor it into the cash per share as we aren't counting those shares, yet. Let's choose B. So we have 5.9bn in cash (8.48bn-~3.6bn from both offerings) Plus another 500m from BTC t it's current price. Rounded up, that's 6.4bn divided by pre-senior convertible notes offereing's outstanding of 447m shares bangs out to like 12$/share. What am I missing?
BTC probably ok hedge for slightly to moderately bad times. But if we hit real bad times (market wise, not like apocalypse bad) people will remember BTC is just fake internet money and take it out to spend on real shit or invest in real commodities.
BTC dropping today disappoints me and makes me happy that I’m not invested in it. If you honestly believed in digital gold and consider it truly distributed safe haven - it should be mooning right now with gold.
Imma buy some IBIT when BTC at 90k
If BTC hits 100k I'm full porting into /MBT
Do crypto guys have better insider info? Why is BTC always front-running?
How in the hell did a bank lend you 5M? Put it in BTC, btw.
Nope. Thats surviving. They haven’t produced any considerable results. They haven’t done any m&a’s. Nft marketplace was a flop. BTC isn’t a business. Its gambling with shareholders’ money. So what else have they produced/delivered significant enough? PSA certifications? They diluted again to raise cash at shareholders’ expense. Again. So we’re funding their attempts. They haven’t said anything in 5years what the plan was or is. “Keep ur cards close” BS expired 3 years ago. They haven’t given any guidance cause they don’t know themselves what to do. He turned Chewy into multibillion dollar pet supergiant. 5years in with GME, stock is exactly where it was 2-3-4 years ago. This whole thing about GME is starting to sound like AMC’s excuses. I wish you guys well, don’t get me wrong. But you’re waiting for something that’s seemingly isn’t coming. RC shot down the latest squeeze to $80 himself. Why not let shareholders to take advantage of it first? Cause without our money, GME would be bankrupt by now, because there is no turnaround. Like it or not, those are the facts.
How’s return RNMBY vs GME at any chart? I sold GME and bought RNMBY with it. 80% return in ~3months. So i recouped everything i lost with GME in 5 years and got some on top. My DRS’ed GME was down 30-60% entire time. Even more. Since the org squeeze i’ve seen green maybe once or twice. And the last time i saw… guess what happened? RC diluted! There is no play with GME any more. If i wanted BTC, i’d buy BTC. Closing unprofitable stores isn’t turnaround.
Suspicious but send 50000USD in BTC to 1Kaj32Jm9AtJe7a4tcrsGvoJDWSGVBd6qD and I will join
Not quite sure where you got your number. Also not sure why exactly you are treating shareholder equity in shares and something different than just the overall outstanding... Here's what Chef GPT and I were able to come up with. 🧾 GME Post-Earnings + Bond Offering Breakdown (June 12, 2025) — Updated Cash Floor 💰 TL;DR: GameStop has ~$8.9 billion in total liquidity after Q1 earnings, new bond offerings, and a large Bitcoin buy. Assuming full dilution from convertibles, the cash per share floor is ~$15.58. Here's the math 👇 🔢 Shares Outstanding Base Shares (June 5): ~447 million April Convertible Bonds: $1.5B @ $26.40 → ~56.8M shares June Convertible Bonds (full allotment): $2.0B @ ~$30 → ~66.7M shares ✅ Fully Diluted Estimate: ~570.5 million shares 💵 Cash Breakdown (Excluding BTC First) Source Value Q1 Cash + Securities $6.386B June Bond Proceeds +$2.000B Total Cash (excl. BTC) $8.386B 💸 Cash per Share (Fully Diluted): $8.386B ÷ 570.5M ≈ $14.70 🟧 Now Add BTC BTC Holding (as of June 10): 4,710 BTC Current Price (June 12): ~$106,110 🟢 Total Value: ~$500 million Source Value Cash + Bonds $8.386B BTC Value +$0.500B Total Liquidity $8.886B 💸 Cash + BTC per Share (Fully Diluted): $8.886B ÷ 570.5M ≈ $15.58
Kidding bro. The corn emoji is what people use to refer to BTC
Hilarious scenario provided by chatgpt To go private, MSTR would need to buy out all public shareholders—this is called a take-private transaction. Here's how Bitcoin might be used: Example: With ~$23B+ in BTC and a market cap around $18–20B (as of mid-2025), it’s theoretically possible. 2. Use Bitcoin as Collateral to Raise Debt Rather than sell, MSTR could pledge Bitcoin to borrow billions through loans or bonds, then use the proceeds to buy back shares.
Imagine a couple years ago thinking that a BTC drill would go down to 106k, people would have been surprised if it ever broke 100k in the first place. 4 years from now it will drill to 500k
Remember when people said you couldn’t crack BTC because of how long it would take to solve the equations. Now we have computers that’ll crack it in hours lol.
BTC now tied to bonds lmao. It’s become everything it stood against.
wtf is going on with BTC. Is Iran cooked?
You're not going to see that $16k again, but you might get some of it back if you cover. GME spiked down to $22 today from $30 thanks to a fundraise. It hasn't been below $21 all year, and they are hoping to mirror $MSTR's convoluted $BTC scheme. I don't think it hits $16, let alone $15.67.
Inflation and a falling, unreliable dollar are great for crypto. Coincidentally, Trump is all in crypto with his meme coins, crypto exchange and planned Bitcoin purchases by DTC. And, by another incredible coincidence, Trump wants a BTC Reserve funded by billions in US BTC purchases. Win-win for crypto if Trump can get the Treasury to fund US BTC purchases by printing up a bunch more dollars. It’s free money after all. 🤷♂️
> Still trying to figure out why a fund would buy these notes It's a volatility arb strategy employed by HFs -- effectively buying low (the converts) and selling high (shorting the issuers equity) and profiting on the mispricing embedded in the cost of equity (which obviously impacts share price vis-a-vis cost of capital). HF buys converts (of which the proceeds will ultimately be used to buy BTC by the issuer) \>> issuer's share price becomes more volatile by way of holding more BTC on their balance sheet \>> more volatility increases the price of the convertible debt (which the price acts similarly to holding a call option - more volatility = higher price of the call) \>> while at the same time, most funds implement delta hedging strategies to neutralize their exposure by adjusting their short positions regularly (which limits directional exposure to share price moving one way or the other) The alpha to the fund is realized by the mispricing between implied volatility (vis-a-vis the price of the convert) and the realized volatility (vis-a-vis rebalancing your short position to remain delta neutral)
if Israel were a real concern BTC would be dumping
What kind of btc treasury company tries to raise more money before they even finish spending all of the previous raise on BTC? It’s disingenuous. GME is raising money for the sake of raising money without intending to use all of it for buying BTC.
GME does share offerings instead of using its cash-in-hand to buy BTC. Share offerings dilute current shareholders and effectively transfers the unrealized gains of the shareholders into the balance sheet of GME. GME is basically saying, "we're not using our money to buy BTC, we're going to use YOUR money to do it". Also, GME's underlying business is a complete disaster. In fact, any company that pins its hopes and dreams onto bitcoin should be a massive red flag. Sure it could go up, but it could also go down a lot too.
Yup the usual stupid headlines "BTC $120k target!!" "crypto leaves exchanges!!" "supply crunch!" "Companies buy bitcoin!" marks the top Meanwhile TSLA surges 10% when ppl said Elon was finished. People never learn. Do the opposite of the media.
The only way BTC goes to 115 is if saylor buys $10000 billion or nasdaq goes to 100,000
I’d love to hear your take on this. How come GME wanting to raise money to buy more BTC is seen as a bad signal, but when other companies buy BTC they rally up? Well fucking done btw!!
What if I start a company that just takes investor money and buys corn - no product, no service, just pure hope that BTC keeps mooning faster than any real business could grow? Sounds like a genius move.. maybe not so much for the investors, but hey, *number go up*, right?
Coffeezilla finally bearish on BTC🤑
I think I am up from liberation day but I am down like 50% since November still. I am big into Bitcoin miners and despite BTC being near ATH, miners have not fully recovered. I am also from the UK and the dollar weakening and the pound strengthening has also hurt me a lot.
I had an interview with Bitcoin Depot a few years ago and BTC ATMs seemed sketchy as hell back then, I honestly can’t believe they’re still around
> Essentially a carry trade or am I missing something? Basically. They're just copying MicroStrategy's, well, strategy of buying BTC on the blockchain for $1 and then selling that same BTC on the NYSE for $2. Matt Levine has written a ton of great articles on how / why this arb strategy exists (TL;DR he's baffled and doesn't really know)
of course, BTC keeps tanking as James Wynn buys more. more followers =worse advice. How do these clowns get so rich and popular in the first place.
Imagine holding the USD shitcoin 🤮 when you can store your wealth in BTC instead 🗿
Long non-US asset classes such as gold, BTC, JPY, Swiss frank, emerging market stocks.
Damn, look at your picks. AAPL, AMD, crypto, NIO. Biggest company on earth that's also in tech, AMD just happening to get a momentum on Intel at that right time, crypto which nobody normal considers "investment" and NIO which is a shit fluffed up pump company similar to GME and TSLA. Like those are the epitome of luck! How can you not see how unicorn you are in that regard? You really think there are not thousands of other traders that read exactly the same posts you did and picked something else because all readings are equally probable when you don't have insider information? Also, you understand that with a small account everything is easier? The more you grow, the easier it is to lose a lot. The first 10 years of trading mean nothing, because if you get to $1M after 10 years and then have a 10% loss, that's basically the first 9 years of gains combined. Of course AMZN and NVDA are not similar, but they are both behemoths, that was my point. NVDA's 14x run is insane for such a big company. Nobody expected that and whoever tells you they did is full of it. Whoever 14x their wealth by buying NVDA did it by pure luck. There are many people that are successful. However, there are few that are consistently successful - and vast majority of these are gambling. Like look at you - trading a few trades a year and thinking that since you did it "for years" makes such trading "consistent". What makes you think your picks are due to you being good at reading and not being at the right place at the right time? What makes you think you can correctly recognize all the "signals" like stock will get hyped up a month before it happens, fundamentals making the stock a good buy (or a good sell), which blue chip is going to rip (NVDA) and which will be way less lucrative (AMZN), that you won't lose 50% of your account because you gambled on BTC at the wrong time, etc.? Hell, what makes you think you are even always reading the right posts and not missing a ton of other posts that say exactly the opposite?
Followup comments. I would not feel comfortable storing all my spend able cash on a blockchain that 1. Was initially used for illegal narcotics 2. Has massive whales who can probably control the market. Average pleb will not seriously adopt BTC for day to day currency use. Especially if it is volatile. USDT... pegged to something like what OP said (basket of goods globally) would make more sense.
Idk a lot about GameStop, but another note offering is weird. They only used 1/3rd of the BTC fund, and have a few billion in cash. My suggestion: Wait until around 11-11:30 and see if there’s any rebound and then make the decision. EXTMarket could’ve over reacted