RE: M1Rob5 Jul 2025 12:10
But literally half mstrs mcap is now backed by tangible coin, their average is 66k a coin - the value is right in front of you yet you want to deny it, what happens when btc moves higher ? They’re using leverage too
The only viable argument is where does it stop and there must be a top right? Probably not in our life time considering world debt and limited tangible supply of btc, predicting it is a mugs game
Is this any different to companies posting valuations of 30 - 100 + x p/e, it’s arguably significantly less risky
All IMO