Q3 EPS of -$0.96 may not be comparable to consensus of $1.02.
Revenue of $126.36M (-1.3% Y/Y) beats by $0.56M.
The CEO of MicroStrategy again said that the company is not selling and does not plan to sell BTC, it plans to buy BTC in the future:
“We have not sold any Bitcoin to date. To reiterate our strategy, we seek to acquire and hold Bitcoin for the long...
Head & Shoulders pattern here, inside the ending diagonal. The target is around $125 for a truncated 5th. Also the right shoulder has rejected off the 618% perfectly. Timber!
Not financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
An overall view of MicroStrategy company buying the BTC deeps and having his curve being more more correlated to the Bitcoin evolution.
We can see that overall , they were some FOMO in the first part the year 2021. But the price in finding support on an ascending probable trend marked by the green line.
The market rebonds on it every time that the Bitcoin went...
Rare are the one's publicly showing that they are going all in the bitcoin investment because of its volatility.
Looking at the MSTR Nasdaq "Microstrategy" curve since 2020, we see a pattern looking like any small gem crypto chart pattern on any DEFI (Decentralized Finance) platform. It went up with lot of maze, became parabolic and ended with super volumes top...
