- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Anyone buying MicroStrategy Inc (MSTR)?
Posted on 2/8/21 at 2:40 pm to GREENHEAD22
Posted on 2/8/21 at 2:40 pm to GREENHEAD22
Well BTC could easily 2-3x this year IMO so do the math
0
Posted on 2/8/21 at 2:58 pm to GREENHEAD22
Seems like the current share price of MSTR is a front run of future BTC valuation for funds and companies (i.e. Morgan Stanley) that cannot change their charter or accounting rules to buy actual BTC. MSTR price/share has far exceeded the actual BTC price gain. One would expect future MSTR price improvement to cool off and allow BTC price to catch up but there is really no telling. I didn't think we'd see $1,000 MSTR until BTC ran over $150k
This post was edited on 2/8/21 at 2:59 pm
Posted on 2/8/21 at 3:02 pm to TigerTatorTots
quote:
Not investment advice, let’s bump this thread next year. $140/share today
thia might be the all time best MT stock pick
Posted on 2/8/21 at 3:30 pm to cgrand
quote:Hard to say that when you have 20x-50x baggers happening on the board right now but I appreciate the comment
thia might be the all time best MT stock pick
Posted on 2/9/21 at 12:03 pm to TigerTatorTots
:)
Then Elon goes and buys this much in a day At at 50-75% premium
quote:
Michael Saylor
@michael_saylor
·
Dec 4
MicroStrategy has purchased approximately 2,574 bitcoins for $50.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $19,427 per bitcoin. We now hold approximately 40,824 bitcoins.
Then Elon goes and buys this much in a day At at 50-75% premium
This post was edited on 2/9/21 at 12:05 pm
Posted on 2/9/21 at 12:47 pm to jimbeam
If this all plays out like we think it will, Michael Saylor will be the name written in textbooks for decades to come
Posted on 2/9/21 at 12:49 pm to TigerTatorTots
I was reading up on a guy who made an arbitrage play on MSTR early on who fricking killed it.
Posted on 2/12/21 at 10:00 pm to jimbeam
So to get exposure to Crypto you can either buy it directly, buy stock in companies who are invested in it, like MSTR. Funds made up of these companies, MSTR and others, or funds/ETFs made up of Cryptos themselves, like Bitwise(BITW) .
Besides the high expense rate is there any reason I shouldn't go with a crypto fund like BITW? Any other similar fund to look into?
TIA
Besides the high expense rate is there any reason I shouldn't go with a crypto fund like BITW? Any other similar fund to look into?
TIA
Posted on 2/13/21 at 7:52 am to jimbeam
quote:Why do you think this? Why is bitcoin going to fail unless some whales come along?
I don’t see how Bitcoin will completely fail without some HUGE moves by whales
Posted on 2/13/21 at 9:19 am to GREENHEAD22
LINK
Never invest in BITW, at least not while the premium is obscene. For every share of BITW, you are paying $74.12 right now, but only buying $43.40 worth of the actual coins. There is a massive premium in that ticker right now and most people have no clue. Bitwise even tweets daily what the price vs asset value is, but people don’t research what they are buying and just pull the trigger.
GBTC premium is 8% right now- not awful like the 72% premium on BITW. Still, buying the actual coins always the best.
Never invest in BITW, at least not while the premium is obscene. For every share of BITW, you are paying $74.12 right now, but only buying $43.40 worth of the actual coins. There is a massive premium in that ticker right now and most people have no clue. Bitwise even tweets daily what the price vs asset value is, but people don’t research what they are buying and just pull the trigger.
GBTC premium is 8% right now- not awful like the 72% premium on BITW. Still, buying the actual coins always the best.
This post was edited on 2/13/21 at 9:21 am
Posted on 2/13/21 at 9:21 am to KickPuncher
That is not what he’s saying
Posted on 2/13/21 at 9:31 am to TigerTatorTots
quote:Yeah I see that now. Read that a little too quick. But still wondering why he thinks it still is a good investment. I just like hearing all sides. I got a small amount in bitcoin but wondering if I should insert the tip if not go balls deep.
That is not what he’s saying
Posted on 2/13/21 at 10:17 pm to TigerTatorTots
Appreciate the info, looks like I will be opening a coinbase pro account tomorrow.
Posted on 2/16/21 at 7:31 am to TigerTatorTots
LINK
He did it again. Madman
quote:
MicroStrategy Announces Proposed Private Offering of $600 Million of Convertible Senior Notes $MSTR
He did it again. Madman
Posted on 2/23/21 at 10:07 am to TigerTatorTots
Bought 14 shares in my 401k at 695. 
Gives me the BTC exposure I was looking for there.
Gives me the BTC exposure I was looking for there.
Posted on 2/23/21 at 10:08 am to castorinho
Buckle up
Posted on 2/23/21 at 11:31 am to castorinho
quote:
Bought 14 shares in my 401k at 695.
MSTR is getting very attractive againPosted on 2/23/21 at 11:33 am to TigerTatorTots
Yeah it was overextended for sure. If I had any cash i wanted to spend I’d have bought some this AM
Posted on 2/24/21 at 12:03 pm to jimbeam
Love me some instant gratification
Posted on 2/24/21 at 1:41 pm to castorinho
Update on completing their purchase this morning:
quote:
Michael Saylor
@michael_saylor
·
6h
MicroStrategy has purchased an additional ~19,452 bitcoins for ~$1.026 billion in cash at an average price of ~$52,765 per #bitcoin. As of 2/24/2021, we #hodl ~90,531 bitcoins acquired for ~$2.171 billion at an average price of ~$23,985 per bitcoin. $MSTR
Page 4 of 6
Back to top
Follow TigerDroppings for LSU Football News