I just find it absolutely hilarious that the 1000s of publicly listed companies don't just go out and gobble up each bitcoin so we can have thousands of bitcoin holding companies and a dow at 100k overnight. It would be the biggest wealth producer the world has ever seen.
Yes, it was voted on (decided upon) to change 2 years ago, will be effective 12/15/2024 Early adoption is allowed since a few months ago, so if mstr decides to adopt it early on Wednesday's earnings, the mstr P/E will drop to less than 8 but I read the tax implications would not be favorable, so best for mstr to wait until first quarter 2025 earnings release
Microsoft has it on their upcoming December shareholder's voting to buy bitcoin for their treasury, let's hope they make the right decision, mate to buy bitcoin!
mstr bigger than oxy now, would love to see mstr biggest market cap in the US stock market and still not be included in the s&p500, that'd be something...
Just wait till it drops by 4x in a week..... MSTU is going to have one of those weeks where it loses 30% in a few days, maybe even a single day. Could do a 40% to 50% drop in a single week. I have seen this happen too many times with 2x and 3x etfs, so imagine the volatility to the downside when it finally collapses
Trade is an artifact of event vol-shift model. Predicting a 2600 bps drop on Nov15 vols tomorrow. 95-line for Nov15. It's not a long asym-fly (short g) and will outperform any short vol fly. It's M1-M3 in short vol.