HonzaHonzas

Microstrategy easiest long of all time?

Long
NASDAQ:MSTR   MICROSTRATEGY
MSTR is basically "Bitcoin ETF", there is no way MSTR does not go up from now, Michael Saylor knows what he is doing...

Comments

Sorry HonzaHonza, but your statement is incorrect: MSTR is not an ETF

MSTR is a listed company regulated by US GAAP

ETF is a fund

MSTR asset value is the purchase price or the asset's lowest market value since purchase.

According to GAAP rules MSTR CFO has to mark down the depreciating asset to the lowest amount
and cannot mark it up until MSTR sell.

It would absolutely kill MSTR valuation.

If you like Bitcoin, buy BTC
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@Roger779, I agree with you, I just Buy $BTCG OR even the new Bitcoin ETF $BTCC.
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HonzaHonzas SlashFractal1
@SlashFractal1, I know MSTR is not an ETF, I meant that Microstrategy stock acts and follows BTC PA, as you can see btc is up, MSTR is also up, trade active
Reply
HonzaHonzas Roger779
@Roger779, I do not agree with you here, If BTC doubles, MSTR will outperform it. I did the same strategy from 296 levels and sold at this crazy peak at the 1200s. Just sharing my thoughts, thank you for sharing yours. I appreciate it.
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Perfect idea, I will add this to my watch list
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