Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
4Petersake
I got a few at 165.... :-). Been slowly accumulating since the last crypto cycle crash. Given there were no spot BTC ETFs then, this was my surrogate.
I also like the fact that it generates cash through its original analytic software - to reinvest in BTC - kind of a compounder.
@Roger65
Thats my bet...2k++ and although I intend to hodl, i may take a little profit at 2k, because there is bound to be fall back in BTC. Then hopefully can farm a few more MSTR.
Mind you MSTR raised over $1.3bn convertible bonds in last couple of weeks, to mop up more BTC ....so with continued demand from the fomo in the ETFs could mean more bunce for MSTR...and us
Don't miss it while you boil the kettle... :-)
MSTR SP not updating here - its US1546.00
72k...
You were right - 70k - briefly. A lot more to come I reckon, albeit pullbacks on the way
Nice pump for MicroStrategy. Hope you didnt miss it when you put the kettle on!
MSTR 9.66%
Sorry. My mistake - its 6.25 BTC to 3.125 BTC
Supposedly because after the Halving miners only get half the amount of BTC rewards for each block mined. 6.5BTC/block in 2020, down to 3.25 2024. So unless your mining rigs are extra energy efficient, your profitability is crushed. Hence why they are all trying to buy more and newer rigs (see RIOT) and why rumors abound that MARA will launch a bid for smaller miners
In my personal view, this bull hasnt even started yet.
We've not reached the Halving yet (forecast around early/mid-April), and typically past history (no guide to future haha) will peak around 18 months after Halving - so will be a while.
Per PlanB' trading rule (I have no intention of trading) would put the top around Sept/Oct 2025!
Personally I aim to HODL until it reaches Zero or $700,000 :-) (equivalent to gold), or as Jurrien Trimmer from Fidelity has it, $1bn! (A little rich IMO ;-))
https://medium.com/coinmonks/fidelity-predicts-1-billion-bitcoin-db635f226195
(This article refers to both Trimmer's and PlanB's model - so take a look).
And for sure this will be volatile along the way, but potentially that makes it good to trade too.
@ Roger65 Closed at $1334.01 4/3. Pre market 5/3 $1298.00. Then announces $600m convertible bond (to be invested in BTC).
https://www.microstrategy.com/press/microstrategy-announces-proposed-private-offering-of-600-million-of-convertible-senior-notes_03-04-2024
Always have a Plan B as they say, and PlanB Crypto (yes I know, he's just a YouTuber but he developed the Stock to Flow model and seems well regarded) has postulated a trading rule: buy BTC 6mths before Halving and sell 18mths after. Certainly interesting but DYOR
Check out his work on: https://planbtc.com/
https://www.youtube.com/watch?v=NqwS-autmoY
I have no affiliation whatsoever, just makes sense to me. And if you apply to MSTR....well who knows, only time will tell.
But so far (and this cycle's Bull run has only just begun) things are shaping up for MSTR.
Personally I intend to HODL this cycle (including my MSTR - but will take stock around Sept/Oct 2025 (Halving + 18 months). Been a BTC investor since 2018, and MSTR early 2021.
Heres hoping this works out like we all want.
GLA
Check out Simply Wall St here:
https://finance.yahoo.com/news/georges-bahjat-elhedery-bought-36-050133066.html
Im presuming this is kind of good news?
Thoughts??
Ok so opening SP forecast is $1168 with BTC at $65,148....January 2023 was $162. :-)
Couldnt agree more.
If they dont know themselves, and have to hire "advisers"....its time to pull the big yellow lever.....
I thought that rugby playing ceo said they were already well provisioned for the Jainaaaah write down?!
Why is no one interested in MSTR??
Easier to invest than BTC directly.
And has a cash-generative business that reinvests its cash into BTC thereby compounding your BTC holdings. Remember what Einstein said about compounding?? They already own 192,000 BTC! - thats around USD9bn. Yes, $9Bn!
So it beats crypto for ease of investing, and it compounds your holdings....superior to ETFs IMO.
So what's not to like??
😁😂
Check out another recent video - may help provide an answer from NT's perspective
https://www.youtube.com/watch?v=_SFdHO_oMkE
Personally, I like the dude, and his style. I find it compelling and hold both FGT and LTI (a geared play).
But only time will tell.
New(ish) video with Nick and Madeline
https://www.youtube.com/watch?v=cDmSMadolzA
Any holders/ hodlers out there??
Post the BTC ETFs (10 years of pent-up demand) and the run up to The Halving, Michael Saylor's strategy is looking pretty good.
I like MSTR as for sure its aim is to hold BTC, but unlike an ETF, it generates cash which it reinvests in BTC, or does innovative (perhaps dilutive?) capital transactions to accrete value to shareholders and buy yet more BTC.
Kind of a compounding crypto machine.
Dilutive or not, at the returns from owning 192,000 BTC, right now things are looking pretty positive for Mr Saylor.
Any thoughts??
(Im a long term hodler).
Guess maybe youve all seen this already, but for what ist worth, Friday 12 Jan tip in Telegraph's Questor...has it as a hold (closing SP at 247.7). So it may garner some interest from the Telegraph readers on Monday...?
https://finance.yahoo.com/news/don-t-overlook-company-growth-060000864.html
FYI
I posted this on the LTI thread just now - hope its not a breach of the board rules..
https://citywire.com/investment-trust-insider/news/trust-watch-discounts-narrow-but-plenty-of-xmas-bargains-remain/a2432741?utm_medium=website&utm_source=citywire_it_insider&utm_campaign=home-content-list-1&utm_content=investment-trust-insider-latest-news-list&utm_pos=5
"Earlier this month, I tipped Train’s other trust, Finsbury Growth & Income (FGT) a ‘buy’ when it fell to a 7% discount. The same logic of backing a good manager at a low could apply to LTI but I wonder if the derating has further to go and the discount could widen even more?"
Tip seems to have worked for FGT - and given FGT, LTI and underlying investments managed by LTL (which LTI holds c24% of) have a large degree of overlap, can we expect similar momentum in LTI?
For what its worth, I hold both. Recently dripped into LTI (only to see it falling further and discount widening (jumped too soon))