Topic: Microstrategy buys again! - page 2. (Read 684 times)
What will happens to MSTR stock if Blackrock ETF got approved? I wouldn't be surprise if blackrock buys equivalent amount of btc within few months microstrategy does. Also we need to keep in mind blackrock is not the only manager applied for ETF. So there will be a lots of competition to buy btc as cheap as possible and microstrategy will be ahead of them in this scenario.
If a spot ETF gets approved there will likely be migration from Microstrategy to those
spot ETF's but then again if indeed the Bitcoin price rises wouldnt MSTR stock rise too?
It might be worth watching how MSTR price will behave spot ETF's but then again if indeed the Bitcoin price rises wouldnt MSTR stock rise too?
I believe that ETF may not be same, but if it is, then that means you get to pay 19.99 for a single or a million of them, that doesn't really make sense to me.
Very good news from Microstrategy because the current Bitcoin price is still worth buying,
for the past 2 weeks the Bitcoin price has been able to stay above $30k and this is the second weekend,
if the Bitcoin price does not experience a correction or dump below $30k then there is a high probability of an uptrend will continue for Bitcoin,
but for altcoins maybe some.
It must be nice to feel like the price of Bitcoin is just a coin to you, isn't it? It's different when you have a lot of money because you will definitely be rich in the future. While others like me are trying to save even a little.
But my majority are also alternative coins that know better if I will earn more in the coming bull run. Then one more thing for sure: when the bull run comes, the big whales who are now buying huge amounts of bitcoin will surely sell when they know the bull run is coming to an end. I expected that.
Warren Buffett, the "Oracle of Omaha" who said that Bitcoin is "Rat Poison Squared", has made an investment in a "secret stock", but because it's required to report their investments, he's begging the Securities and Exchange Commission to make the name of that company private.
Why does he want to make the name of the company private? I personally don't know, but how LAUGHABLE would it be for the Bitcoin community if that company is MicroStrategy.
Why does he want to make the name of the company private? I personally don't know, but how LAUGHABLE would it be for the Bitcoin community if that company is MicroStrategy.
Would be a nice twist, but that's highly unlikely. Here's more on that story:
https://markets.businessinsider.com/news/stocks/warren-buffett-berkshire-hathaway-secret-stock-sales-gm-q3-portfolio-2023-11
The reason for them not wanting to disclose the "secret bet" is probably the fact that they are still accumulating and revealing that would drive the price up. It's not like they're trying to hide something because of being ashamed to admitting they were wrong on bitcoin. The secret bet will be made public eventually.
Haha. I was merely thinking it would be laughable.
Although, because Warren Buffett is a "value investor", he probably should invest some of their capital in MicroStrategy. It was $130.00 during January and it's currently $480.00, it's tracking Bitcoin, and it's probably not going to slow down. I believe as an investor, he should set his emotions aside and swallow his pride, no?
This would indeed be hilarious, but I think Buffett can't get around being connected to Bitcoin one way or another.
Quote
Earlier this year, Buffett dismissed bitcoin as a "gambling token" in an interview with CNBC, saying bitcoin "doesn't have any intrinsic value ... but that doesn't stop people from wanting to play the roulette wheel."
SOURCEEven if he still says that Bitcoin is rat poison or a gambling token, he is already implying that there is business to be made when he says that people won't stop playing the roulette wheel. As more and more banks will be heavily involved with cryptocurrencies and Buffett considers banks one of his investment targets, he will also be part of the game. If he still believed that Bitcoin is rat poison and he would never touch or get close to it, seems it doesn't mean he would refrain from buying stock in crypto-friendly banks that, by the way, outperform some of his major other investments.
If a spot ETF gets approved there will likely be migration from Microstrategy to those
spot ETF's but then again if indeed the Bitcoin price rises wouldnt MSTR stock rise too?
spot ETF's but then again if indeed the Bitcoin price rises wouldnt MSTR stock rise too?
It might be worth watching how MSTR price will behave
I’m sure some retail investors will prefer to own the ETF instead of MSTR stock. However, a lot of people may actually prefer Microstrategy, just because they have a revenue source so the potential is there for your holdings to actually grow, while with an ETF your holdings will forever be dropping due to the fund management fees (even though they are small).
Fair point, but I'd expect fees for the BTC ETF to be on a lower end, so if investors expect BTC to go up in a long run, paying small fraction of percent per year won't make much difference. On the other end, Microstrategy had some problems in the past with the profitability of their operations (excluding changes in the BTC value), so that's an extra risk that many investors might be put off by.
Warren Buffett, the "Oracle of Omaha" who said that Bitcoin is "Rat Poison Squared", has made an investment in a "secret stock", but because it's required to report their investments, he's begging the Securities and Exchange Commission to make the name of that company private.
Why does he want to make the name of the company private? I personally don't know, but how LAUGHABLE would it be for the Bitcoin community if that company is MicroStrategy.
Why does he want to make the name of the company private? I personally don't know, but how LAUGHABLE would it be for the Bitcoin community if that company is MicroStrategy.
Would be a nice twist, but that's highly unlikely. Here's more on that story:
https://markets.businessinsider.com/news/stocks/warren-buffett-berkshire-hathaway-secret-stock-sales-gm-q3-portfolio-2023-11
The reason for them not wanting to disclose the "secret bet" is probably the fact that they are still accumulating and revealing that would drive the price up. It's not like they're trying to hide something because of being ashamed to admitting they were wrong on bitcoin. The secret bet will be made public eventually.
Haha. I was merely thinking it would be laughable.
Although, because Warren Buffett is a "value investor", he probably should invest some of their capital in MicroStrategy. It was $130.00 during January and it's currently $480.00, it's tracking Bitcoin, and it's probably not going to slow down. I believe as an investor, he should set his emotions aside and swallow his pride, no?
I wonder if the approval of spot ETFs will have any negative effect on MSTR stock price. The demand for their stock will likely to drop, but the increase in BTC's price could compensate for that.
Interesting question because MSTR stock just keeps rising. It is seen as a proxy
Bitcoin investment for and by people who dont want to or cannot buy Bitcoin straight.
If a spot ETF gets approved there will likely be migration from Microstrategy to those
spot ETF's but then again if indeed the Bitcoin price rises wouldnt MSTR stock rise too?
So maybe there are investors who will likely leave ther stock in MSTR and just invest
more in say a Blackrock spot ETF...
I’m sure some retail investors will prefer to own the ETF instead of MSTR stock. However, a lot of people may actually prefer Microstrategy, just because they have a revenue source so the potential is there for your holdings to actually grow, while with an ETF your holdings will forever be dropping due to the fund management fees (even though they are small).
I wonder if the approval of spot ETFs will have any negative effect on MSTR stock price. The demand for their stock will likely to drop, but the increase in BTC's price could compensate for that.
Interesting question because MSTR stock just keeps rising. It is seen as a proxy
Bitcoin investment for and by people who dont want to or cannot buy Bitcoin straight.
If a spot ETF gets approved there will likely be migration from Microstrategy to those
spot ETF's but then again if indeed the Bitcoin price rises wouldnt MSTR stock rise too?
So maybe there are investors who will likely leave ther stock in MSTR and just invest
more in say a Blackrock spot ETF...
Ys, Price appreciation in the digital currency market is a bubble and he Microstrategy's is also leading the expansion, another thing is that because the bids and offers are all displayed publicly, other users can jump in while the transaction is pending and complete the deal at a higher or lower price.
I'm pretty sure Microstrategy would make over-the-counter (OTR) purchases rather than just placing bids on exchanges, so the public wouldn't be able to see MSTR's buy orders. Not quite sure what do you mean by other users "completing the deal", but the general rule for the dips in price, after the purchase announcements, was that the market interpreted that as a confirmation of reduced buy pressure, which should have a negative impact on the price.
I wonder if the approval of spot ETFs will have any negative effect on MSTR stock price. The demand for their stock will likely to drop, but the increase in BTC's price could compensate for that.
You would think that this is bullish news, but, according to Coin Desk, Microstrategy's purchase announcements tend to have negative (short-term) impact on the price.
https://www.coindesk.com/markets/2023/06/28/microstrategys-bitcoin-purchases-tend-to-be-short-term-negative-for-prices-research-shows
https://www.coindesk.com/markets/2023/06/28/microstrategys-bitcoin-purchases-tend-to-be-short-term-negative-for-prices-research-shows
Ys, Price appreciation in the digital currency market is a bubble and he Microstrategy's is also leading the expansion, another thing is that because the bids and offers are all displayed publicly, other users can jump in while the transaction is pending and complete the deal at a higher or lower price.
Warren Buffett, the "Oracle of Omaha" who said that Bitcoin is "Rat Poison Squared", has made an investment in a "secret stock", but because it's required to report their investments, he's begging the Securities and Exchange Commission to make the name of that company private.
Why does he want to make the name of the company private? I personally don't know, but how LAUGHABLE would it be for the Bitcoin community if that company is MicroStrategy.
Why does he want to make the name of the company private? I personally don't know, but how LAUGHABLE would it be for the Bitcoin community if that company is MicroStrategy.
Would be a nice twist, but that's highly unlikely. Here's more on that story:
https://markets.businessinsider.com/news/stocks/warren-buffett-berkshire-hathaway-secret-stock-sales-gm-q3-portfolio-2023-11
The reason for them not wanting to disclose the "secret bet" is probably the fact that they are still accumulating and revealing that would drive the price up. It's not like they're trying to hide something because of being ashamed to admitting they were wrong on bitcoin. The secret bet will be made public eventually.
Warren Buffett, the "Oracle of Omaha" who said that Bitcoin is "Rat Poison Squared", has made an investment in a "secret stock", but because it's required to report their investments, he's begging the Securities and Exchange Commission to make the name of that company private.
Why does he want to make the name of the company private? I personally don't know, but how LAUGHABLE would it be for the Bitcoin community if that company is MicroStrategy.
Why does he want to make the name of the company private? I personally don't know, but how LAUGHABLE would it be for the Bitcoin community if that company is MicroStrategy.
Why is he ashamed of his actions if he knows that he did the right thing by buying bitcoin. This is the problem that we are having all these rich folks comes out to the public and criticize bitcoin but they end up buying behind our backs and they won't come out to praise bitcoin. I think that Warren Buffet is a coward who can't stand on his ground to talk good about bitcoin and why he chose to invest in bitcoin, but can come out on critics on bitcoin. This is how many of them are, they are just envious of the technology behind bitcoin that it wasn't from them and they think that because they are public figures their fud will make bitcoin crumble but bitcoin has shown its potential that with these people or without them her increase in value has no comparison with other assets. This is how bitcoin has put him to shame that he doesn't have any option than to also invest in the latest fast growing assest for profit and a store of value since he is a business man. These people can mislead newbies who have plans to invest in bitcoin if they listen to their critics on bitcoin.
Warren Buffett, the "Oracle of Omaha" who said that Bitcoin is "Rat Poison Squared", has made an investment in a "secret stock", but because it's required to report their investments, he's begging the Securities and Exchange Commission to make the name of that company private.
Why does he want to make the name of the company private? I personally don't know, but how LAUGHABLE would it be for the Bitcoin community if that company is MicroStrategy.
I believe anyone who trusts every negative thing said by Warren Buffett and others has yet to understand how rich folks walk and that's why it is good to always dyor.Why does he want to make the name of the company private? I personally don't know, but how LAUGHABLE would it be for the Bitcoin community if that company is MicroStrategy.
I believe most of the Microstrategy Bitcoin holding is mostly an investment from the powerful and rich folks because they are looking for an alternative due to banks huge chance of collapse and the economy is also not looking good.
Warren Buffett, the "Oracle of Omaha" who said that Bitcoin is "Rat Poison Squared", has made an investment in a "secret stock", but because it's required to report their investments, he's begging the Securities and Exchange Commission to make the name of that company private.
Why does he want to make the name of the company private? I personally don't know, but how LAUGHABLE would it be for the Bitcoin community if that company is MicroStrategy.
Why does he want to make the name of the company private? I personally don't know, but how LAUGHABLE would it be for the Bitcoin community if that company is MicroStrategy.
I remember when on twitter he told Elon Musk to put some of Tesla cash into Bitcoin. He questioned its liquidity and basically a couple weeks later it was reality with their purchase.
What’s crazy is that MSTR never sold at the peak. Shows you how difficult trading can be not only for individuals but also for institutions which have billions riding on the deal.
What’s crazy is that MSTR never sold at the peak. Shows you how difficult trading can be not only for individuals but also for institutions which have billions riding on the deal.
Of course they are not alone and the support from partners who join makes them strong. Yes. they have a concept and direction that can convince other investors to join the band. The impact if they start buying means a lot to the market and many other traders. A real effort Saylor and the team for BTC. salute.
Very good news from Microstrategy because the current Bitcoin price is still worth buying,
for the past 2 weeks the Bitcoin price has been able to stay above $30k and this is the second weekend,
if the Bitcoin price does not experience a correction or dump below $30k then there is a high probability of an uptrend will continue for Bitcoin,
but for altcoins maybe some.
Very good news from Microstrategy because the current Bitcoin price is still worth buying,
for the past 2 weeks the Bitcoin price has been able to stay above $30k and this is the second weekend,
if the Bitcoin price does not experience a correction or dump below $30k then there is a high probability of an uptrend will continue for Bitcoin,
but for altcoins maybe some.
For the past 2 weeks bitcoin has been able to stay above 30k but not upto 31k. There was so much tension if the prive will choose to go downwards but today the bitcoin price showed upwards inclination above 31k which is a good sign and build up to next year bull run
MSTR has been a huge name saving Bitcoin for some years. I have known them for this and at sometimes I began to think who was behind the company. MSTR buying at this time is nice because some years ago I have seen them buy even during the bull market. I didn't know why they did that.
I don't think is exactly in BTC to control any market or take profits and run
If you listen to the man talk he wan't to increase the value of his company and protect it against the dollar. Additionally it allows investors to invest in BTC indirectly that wouldn't normally be allowed to hold it directly.
Smart man
If you listen to the man talk he wan't to increase the value of his company and protect it against the dollar. Additionally it allows investors to invest in BTC indirectly that wouldn't normally be allowed to hold it directly.
Smart man
Microstrategy really shows that they believe in Bitcoin even though it's currently bearish,
of course from institutional action we also have to follow it,
because most likely this is a sign that Bitcoin price can break the $31k resistance and head to $40k or $50k,
yes, hopefully will happened.
Yes Saylor really have that belief on bitcoin’s future price and purpose. I remeber back then that it became a meme with Microstategy that whenever they buy BTC, bitcoin’s price is going lower. It’s like their buying became exit liquidity of other whales. It happened when it topped on 60K, war on ukraine, and last remember 2021. They might be in a red portfolio right now, but since they are averaging price, soon that it will start to rise up it will also reap much of % percentage and dollars.
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