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re: Anyone buying MicroStrategy Inc (MSTR)?

Posted on 11/30/20 at 8:38 am to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
81092 posts
Posted on 11/30/20 at 8:38 am to
Up 120% since posting. Did anyone else ride with me or am I alone on this rocket?
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11441 posts
Posted on 11/30/20 at 11:31 am to
I know people trading it but don't participate in euphoric stock stories. It's trading at 7x it's holdings in BTC. Not sure if that means anything but seems like a rich premium for long term holdings. Isn't it just better to hold the underlying BTC if you're looking for exposure like that? What's the story here?

Edit: Nice call though back in September
This post was edited on 11/30/20 at 11:32 am
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