Had they invested when bitcoin was 64k they would have 65,625 bitcoin, and be up 1.7B. Let's not forget that hodlrs are the OG's of this strategy...erasing mortgages since 2015.
Yes they will be doing what mstr is doing. No longer do they have to show any profits or earnings ....once they buy bitcoin the stock will easily triple in value....could jump to 100 in a week!
GME & MSTR are different animals. GME has been adopting UP&DOWN strategy. GME Price went up and down and up and down and up and down and up and down and .... resulting in 10 mega peaks. And it will continue to adopt the UP&DOWN strategy. GME is the trader's dream, and investor's nightmare.
Bitcoin is a penny stock on steroids. Just make sure you're not the last one standing when the music stops and there's no one to sell to. Oh, that's right, it couldn't happen to you. It will only happen to those silly fools who aren't as smart as you.
Imagine if this is true... Its been compared to the tulip mania but at this point who knows, since it was supposed to be an off the grid and stand alone entity, it has already failed both of those having government and enforcement integration and big banks nonetheless coming in to swallow up each any every bitcoin being minted to make even more profits for themselves. Everything that it stood for has been diminished!
Yep, and when they are done getting the remaining bitcoin they will no doubt come after your bitcoin...I'm telling you unrealized gains tax is an option being floated around...you know what they say, you can't un-ring a bell. They will just say that the monies tied up in bitcoin making huge profits should have those profits taxed now, instead of later so that society can benefit from it. Also, hodlrs may hodl into next generation and just keep passing it on at no benefit to society. This is how they are already framing it. This wouldn't work with real estate because people would lose their homes trying to pay the tax...but with crypto it actually works.
I will say that in my honest opinion there will never be taxes on unrealized gains, I just can't see it happening. It's going to be nothing but ALL TALK and nothing more than that.... If it does happen then it will be a gigantic shock to the system.