1Yr·

Next speculation, due to a too high valuation of the core business is $MSTR (-5.54%) worth a short bet for me.

Stake a lottery ticket!

06.03

PUT

Put @1341.694USD MicroStrategy Inc Open-End

Bought at €5.273

7 Comments

Alpalaka@Alpalaka

1Yr

Been long there every now and then since January. Always with the profit from the previous time. Was nice 😎

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Dennis@GordonGekko83

1Yr

@Alpalaka Why? As a Bitcoin alternative?!

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Alpalaka@Alpalaka

1Yr

@GordonGekko83 not as an alternative. I also have some btc myself
Have just additionally profited from the btc increase with defined rules

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Goldadler@Campari

1Yr

The whole sector is driven by emotions and fomo, nothing has been rational for a long time😂

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BMWM1@BMWM1

1Yr

However, you should bear in mind that if the price of BTC were to rise, this would not be good for your investment. But I think you know what you're doing...

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Deleted User

1Yr

Comment was deleted

Dennis@GordonGekko83

1Yr

@cashwithhead laugh. A very simple calculation $MSTR is valued at around €17 billion. Has a bitcoin portfolio worth around €12 billion at a bitcoin price of around €61k. Makes a valuation of the core business of € 5 billion. Hmmm... and that's not worth much to me with a turnover of fab. Let's be conservative and say €2 billion. That makes a gap of € 3 billion. And therefore a downside potential of 17.5%. The risk is a further rise in bitcoin. At a bitcoin price of € 85k, $MSTR would be fairly valued at € 1150 per share. As we know, that's where it stands right now.

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