Nasdaq is down over 400 points, though so if mstr holds up until market close, it could be very good when market is not negative, especially for longer term call options $21B worth of planned stock offering over 3 years, $21B worth of planned debt convertibles, highly dilutive to the shareholders, and the market response is quite positive (if this holds) There's a clear signal that the market values the bitcoin yield accretion to the mstr shareholders more I admit I'm biased and repeating the mantra from the mstr bulls, though...
Again, it doesn't matter. Yeah, you'd be hurt (worse) but the vols came in. At static vol it's equivalent to losing 13 on the shares.
I understand, sorry for not catching it the first time, but quantifying it to shares equivalence clicked
not financial advice Price action of mstr seems weak today, and comparatively to the overall market. Microstrategy may be doing ATM selling
I do not think bitcoin will ever go below 40k again, based on the pattern of price history for bitcoin through bull and bear market cycles of the past It might go below 40k for a brief period of time like a flash crash event similar to Covid March 2020 In a few days the US Presidential election will take place and we all hope that there will be a smooth process, but if there's some uncertainties or chaos afterwards, although I doubt bitcoin will go that low below 40k, it is a non-zero possibility