MSTR When it was $540, they didn’t believe it would drop to $150. Now they don’t believe it will go down to $100 :DCommunity discussions
MSTR When it was $540, they didn’t believe it would drop to $150. Now they don’t believe it will go down to $100 :D
MSTR well that didn't go as planned...
MSTR falling wedge on the 5min chart. May see 194 by 1030
MSTR Premium appears to be slowly expanding again as BTC sentiment improvesMSTR seems stronger today. Let’s see if 190 breaks
MSTR Let the guy get the Jet in peace. Guy deserves it.
MSTR "Michael Saylor Faces Backlash Over Private Jet Purchase Amid Strategy Slidepublished by be(in)crypto website
The disclosure has fueled a wave of criticism from users who argue that the purchase reflects misplaced priorities during a period of sharp volatility for both Bitcoin and Strategy’s stock. Shareholders Question Strategy’s Spending Priorities: According to Strategy’s Form 10Q filed on November 3, the company’s net cash used in investing activities rose sharply year-over-year. The filing revealed that for the nine months ending on September 30, Strategy made a $27 million deposit on a new corporate aircraft. ... With MSTR down about 30% over the past month, some investors questioned whether a multimillion-dollar aircraft aligns with its stated Bitcoin-first strategy. [Stockholders] expressed frustration that the jet deposit came alongside billions in financing tied directly to new equity issuances. Others suggested the timing of the purchase undermined confidence in the company’s alignment with its retail investor base."
Wow, a $27M deposit for a new jet is not your typical jet. My neighbor bought a new jet last year, Cessna Citation Longitude, and it was $30M including the discount for paying 100% in advance, with a 12 month delivery wait. It seats 12 and has a range of about 4000 miles. It's considered a high-end, super-midsize business jet.
I'm guessing MSTR put a normal 30%-40% deposit down, so total cost will be around $60M - $75M. Sound sounds like our boy Saylor is getting himself a Gulfstream G600 or better. Seats 16 or more people and has about a 7500 mile range. Scoots along at around 700 mph with a tailwind. Typical status symbol jet for executives that think they are hot shit but in reality are actually more talented at spending shareholder's money.
MSTR looks like it may be digging out of the bottom on the daily chart with lots of room to move up. tradingview.com/x/8W5ZxXsU
MSTR we will be back to $150 by next week
MSTR is undervalued and will keep rising as long as BTC doesn’t drop again.