Future of MSTRI've had a position in MSTR for a few months now and even though it's one of the worst companies in terms of stability and providing rising returns to investors, I think that it has strong potential for a large upswing.
With the price of Bitcoin recovering and 28.36% of it's shares being shorted, I think that a short squeeze is imminent. I would even see it becoming the next AMC or GME if people start mentioning the corporate stupidity of Michael Saylor. I think that it's the riskiest asset in my portfolio and I don't intend holding it for long, I'm currently targeting the 600$-700$ range which is very possible if Bitcoin claims back it's previous highs.
Finally, I don't think MSTR has much of a future, their entire existence is based on Bitcoin which at the moment isn't the most stable. To be totally honest, there are barely any fundamentals behind my position, just hopium.
Mstrlong
MSTR - Weak Reporting.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 term. And we do not currently plan to engage in sales of Bitcoin. We have a long-term time horizon and the core business is not impacted by the near-term Bitcoin price fluctuations.”
A spill is expected at least to the lower edge of the rand. Maybe, on the background of this event we will see Bitcoin at 15000.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Take profits out in fiat and make yourself and your loved ones happy.
MicroStrategy still heading sub $100I still think we will se a last trip down in the $BTC price before heading for $30,000 per coin.
No doubt that $MSTR is extremely sensitive to that PA. Which is also why this stock will become extremely valuable once $BTC travels to new ATHs.
Not only does the company own a ton of coins, but they also have the #1 advocate and spokesperson for Bitcoin as their CEO. That's why I can easily see $MSTR outperform $BTC in this cycle.
I've got a chunk of fiat side-lined for when we enter the drawn box. An area in which the stock has spend quite a lot of time in in the past.



