@cashwithhead It's funny that people are now happy about capital increases! The store is now so badly overvalued that the place is on fire if Bitcoin doesn't run. I have increased!
@cashwithhead That's right! The so-called leverage effect! The share is now so overvalued that it is bound to collapse sooner or later. There is no longer any rational justification. The bitcoin portfolio has an equivalent value of just around âŹ14 billion and $MSTR is valued at âŹ23 billion. The core business minus debt is worth âŹ0 at best. Bitcoin would therefore have to rise to âŹ115,000 to justify the current price. Possible, but without a reset I don't believe it. Why should I or anyone invest in $MSTR at a premium when they could invest directly in bitcoin or via a bitcoin etf! I think people might come to this conclusion sooner or later. Conclusion: $MSTR is a pure bitcoin investment with an exaggerated premium = increased risk. I may stock up furtherđ
@cashwithhead is not about that! It's not without risk. Like short positions in general. Just asking because it's the right thing to do before quoting others. Just to stimulate further discussion. đ