A weighted index and nearly 500 a share and adding 5 to 10% a day , dow could be at 100k just by adding mstr in tonight. Let's go. Mstr to 500 on Thursday, 550 by Friday, should be at 800 by Thanksgiving and over 1500 by Christmas! There is nothing that can stop the infinite money glitch...
Dow $100K by adding MSTR. Hmmm. Let's see DJIA closed today at 43,269. MSTR closed at 431. The DOW is a price weighted index (very unusual since most indices are either cap weighted or equal weight), where the closing price of all 30 components today total $7,039. So adding MSTR to the Dow, would make MSTR equal approximately 431 / 7039, or approximately 6% of the Dow, depending on which other company got booted out to make room for MSTR. To grow from $43K to $100K the Dow would have to increase 232%. So MSTR alone would have to grow 232 / 6 = 3866% to make the Dow reach $100K. That implies that bitcoin would have to increase to $93K * 38.6 = $3.6 million per bitcoin to have MSTR alone take the Dow to $100K.
Thanks for the intricate breakdown!! Mstr is going parabolic. ...its up again after hours on the ever so slightest upward move in bitcoin....I don't think bitcoin has to move to 3 million for that move, the momentum for mstr seems to be parabolic that even a 2% move in bitcoin equates to a 10% jump in mstr..... There seems to be zero risk in this infinite money glitch that if all 30 dow components join in dow 100k could happen within months.... These companies have to be noticing the infinite money glitch mstr has discovered!! You don't even need to produce earnings or profits as none of that even needs to be considered any longer once you place bitcoin on your balance sheets.....