Soon, Semper F, we think Saylor has over $12B of funds ready to buy bitcoin, maybe he's waiting until Sunday when the futures open purchase of 100,000 bitcoin but need to save some funds to provide buy support for the "sell the news" sellers
Even if you are paying 4x the price with MSTR on a per btc/per share basis, aren't you are getting 4x the return? On Sep6 1000 MSTR shares would cost 114k for 1.473 Bitcoin equivalent. 3753 IBIT shares = 114k for a 2.17 Bitcoin equivalent. Today MSTR you would have made 1000x436.21=$436,210 IBIT you would have made 3753*26.56= $99,679 Bitcoin you would have purchased 2.16 bitcoin and profited $101,588. https://heyapollo.com/bitcoin-tracker/overview How does he get a delta greater than 1 on his risk/reversal?
99.8k vs 100k, tomahto vs tomaydo, what's the difference? I say 99.8 was close enough. Now back down to 80k we go. We'll likely chop around until Trump goes to Washington in January.
Thought the same. Just too easy, just short 100k I would proclaim 109.86 as intermediate top! Because the numbers, pi^2 ya know