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68 sats \ 2 replies \ @grayruby 9 Jan 2024 freebie \ on: Will MSTR Take a long term hit from BTC ETF Stacker_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.
It has dropped over the past few days and I suspect the ETF is why.
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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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