This will fall onto deaf ears @johnarb and the clown show only respond to meaningless nuances such as random screenshots of spot price during rally's. That's literally as deep as their knowledge permeates on such matters. Price go up. Good. Price go down. Bad. LOL.
You're such a troll, waxy, lol, I'm living rent-free too much in your head, I'll be out of ET by my estimate within 2 weeks when bitcoin hits $100k, but maybe I should just leave sooner, you can keep posting about me as if I'm still here
The NAV/mNAV has been discussed extensively by the Quant Bros youtube channel and much more so in the latest episodes $MSTR TrueNorth of the QB channel The tl;dr from the way I understand it is that mstr is a growth company in the KPI that matters which is "btc yield" as explained on their latest earnings report if high growth tech stocks have high PE's as justified by PEG, then it's reasonable for mstr to have higher mNAV But as I'm planning to hold mstr for long term, I take a more overhead view not concerned much with the mNAV I don't own mstr shares, yet, only mstr call options i plan to close 2nd half of 2025 and purchase 1000 shares for 5-10 year investment horizon possibly even longer My other thread on the options forum is planning to get some "income" from weekly options given the very high IV and what seems low risk for getting called away on such a short time period We'll know the answer on FASB when mstr releases first quarter 2025 earnings report
What happened to 500k by July? I thought that was exit date...if this post halvening rally ends at 100k then it will be a total disappointment....the h&s breakout puts the target at 150k using the standard rule of thumb. Profit target is determined by measuring the distance between the bottom of the cup and the pattern’s breakout level and extending that distance upward from the breakout. https://www.investopedia.com/terms/c/cupandhandle.asp
I did sell puts on MSTX a couple of months ago. Not a crazy profit but something to offset my losses. Did 1 for November which expired and have another for December 20th. I have hedged 3 x going long mstx and mstu but for very small amounts of shares But overall still short mstr
Its plausible you can compare it to a high growth tech stock since essentially that is what Bitcoin is. In my view MSTR owns 2 asset classes: its own business & Bitcoins. Its main business is mediocre at best. Its not worth much maybe 10% of its current market cap. Its their use of leverage from there corporate entity that makes its growth in Bitcoins possible so Saylor would never spin the core business off. Then it would just be another ETF like GBTC. The bullishness in MSTR is off the charts. It seems like it only goes down when people are taking profits or it gaps really high and goes down. In this cycle I thought NVDA was the allegory to Netscape but it may actually be MSTR.
Mstr earnings were absolutely garbage. The company has no earnings , based off its earnings and literally little revenue the company is significantly over valued. 75 billion market cap on revenue of less than 125 million and no profits??? The company is worth no more than 25 dollars a share at most.