The amount of risk and leverage that is at play is literally insanity....what happpens when bitcoin collapses and everyone has a massive exit out of cryptocurrency....what happens when all this money is due, billions!! They are already saying that mstr is trading at a gigantic premium to bitcoin, once realization kicks in it will be too late as mstr shares will have already sold off. ...like i said it will be the most epic show the world has ever seen!!! MicroStrategy’s $2 Billion Bitcoin Buy Is Largest Since 2020 The 27,200 tokens bought are the most since December 2020 https://www.bloomberg.com/news/arti...oin-in-latest-purchase?embedded-checkout=true
He's absolutely right about a bitcoin reserve and the gigantic consequences and intense shock to the system surrounding this idea that to be honest will never happen. I believe Trump said this just to garner attention from the cryptocurrency community ...politians will say anything to get votes and this Bitcoin reserve idea was definitely one of them Schiff Quashes Hopes of US Bitcoin Reserve Further, Schiff recently commented on the possibility of the US government establishing a Bitcoin reserve, as Donald Trump committed to. However, the Bitcoin critique argues that such a move would be disastrous. He notes that it would lead to a series of inflationary shocks that could destabilize the economy. Peter Schiff’s hypothetical scenario outlines the US government purchasing one million Bitcoin, driving prices up and prompting long-term holders to cash out. According to Schiff, this would trigger a crash, compelling the government to print more money to stabilize Bitcoin’s price. In turn, this would devalue the dollar. Schiff warns that this cycle could result in hyperinflation, rendering the dollar worthless. Ultimately, this would cause Bitcoin to collapse as well. “That would cause the market to crash, forcing the US government to print even more dollars to buy more Bitcoin to prevent the price from crashing, thereby diminishing the value of its Bitcoin reserve. Of course, a reserve of something you can never sell and must continuously buy is worthless as a reserve. To maintain the pretense that its Bitcoin reserve has actual value, the US government would be forced to keep buying, destroying the value of the dollar in the process,” Schiff explained. Schiff’s bleak vision of a potential Bitcoin reserve is rooted in his belief that Bitcoin lacks intrinsic value and is not a sustainable store of wealth. According to Schiff, a Bitcoin reserve would only exacerbate volatility in the market and lead to economic collapse. His apocalyptic forecast met with derision from prominent Bitcoin advocates, including MicroStrategy’s Michael Saylor, who responded to Schiff’s scenario.
Bitcoin has a bigger market cap than Silver now, mate Bitcoin will have a bigger market cap than gold when bitcoin hits $1M next year or within 5 years mstr will be the biggest market capitalization value of all publicly listed companies even if it's not in the S&P500 Let's enjoy the ride, life is a journey, mate
At the current mstr share price, all the existing convertible debt will be paid off with shares... But this should not worry the $130 Trillion debt buyers, mstr will issue $21 Billion over the next 3 years, and who knows, Saylor could decide to make it $210 Billion, just for fun When the ducks are quacking, feed them
Funny thing is the magical coin is pushing all other magical coins with it...there is conversation of doge coin going to 10 15 20 dollars. Tulip mania is back again....
Zero earnings, mounting debt, a pe ratio of nearly.-200 and now comes the inclusion into the s&p 500. Smoke and mirrors!
Forget bitcoin and mstr. Doge a meme coin is now closing in on 50 cents. Will break it's highs at .67 and sky rocket to 1, then 2 then 3....all thanks to bitcoin.
Mstr erased 10% of gains in the last few hours. 370 to 340 but I'm most definitely sure they will pump it to 400 by end of week after cpi and ppi data come out. No way no how can they hold back the buggest bubbling stock mstr ...to 400 by Friday and 500 by Thanksgiving 1000 by new years!!!!
bitcoin pulled back, and mstr still undecided, but i think bitcoin is consolidating and will be back up on its way to $100k soon please be careful with your mstr and mstr-proxy shorts positions, mate not financial advice, tho