68 sats \ 2 replies \ @grayruby 9 Jan \ on: Will MSTR Take a long term hit from BTC ETF stocks
Probably a bit. I suspect it will trade at a discount to its bitcoin holdings considering the debt it holds but will rise in value with the bitcoin price and still outperform the market.
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50 sats \ 1 reply \ @kepford OP 9 Jan
It has dropped over the past few days and I suspect the ETF is why.
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20 sats \ 0 replies \ @grayruby 9 Jan
Yeah. Makes sense. I haven't owned MSTR in awhile but if it did trade at a juicy discount to the bitcoin holdings I would pick some up and ride it through the bull because it might catch a bid as a levered bitcoin play if we have another fomo season.
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