View in: Desktop
Copyright @2021 TigerDroppings.com. All rights reserved.
- 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
Posted by
Message
re: Anyone buying MicroStrategy Inc (MSTR)?Posted by TigerTatorTots 
on 1/8/21 at 8:43 pm to Pendulum
on 1/8/21 at 8:43 pm to Pendulumquote:Yep always the best thing to do.
Wait nvm, I can just skip all this other bs and buy bitcoin directly.
I have MSTR and GBTC all in my HSA and Roth. Going to be nice tax free gains.
re: Anyone buying MicroStrategy Inc (MSTR)?Posted by TigerTatorTots on 1/8/21 at 8:45 pm to rocket31
on 1/8/21 at 8:45 pm to rocket31quote:I'm assuming there is either regulatory or accounting hurdles that they did not want to alter when they could just buy a stake in a company that has set its mission to acquire as many coins as possible.
why wouldn't they just buy bitcoin
re: Anyone buying MicroStrategy Inc (MSTR)?Posted by jimbeam 
on 1/8/21 at 8:51 pm to TigerTatorTots
on 1/8/21 at 8:51 pm to TigerTatorTots shite that is a great idea
re: Anyone buying MicroStrategy Inc (MSTR)?Posted by rocket31 
on 1/9/21 at 4:59 am to TigerTatorTots
on 1/9/21 at 4:59 am to TigerTatorTotsyea after digging into it they would need to rewrite their charter which would take 1 or 2 years to change and get approved
this is an incredible move
this is an incredible move
This post was edited on 1/9 at 5:00 am
re: Anyone buying MicroStrategy Inc (MSTR)?Posted by lighter345 
on 1/9/21 at 6:56 am to rocket31
on 1/9/21 at 6:56 am to rocket31Many banks have an outright ban on buying Bitcoin, including their investment bankers/wealthier managers. This includes some of the stocks mentioned trying to act as Bitcoin etf. As I understand it m, there is no ban for MSTR because it’s a tech company first and simply acquired Bitcoin with their cash reserves.
re: Anyone buying MicroStrategy Inc (MSTR)?Posted by Pendulum on 1/9/21 at 11:32 am to lighter345
on 1/9/21 at 11:32 am to lighter345quote:
because it’s a tech company first and simply acquired Bitcoin with their cash reserves.
Well that's how it started.
Now he's done 2 convertible debt offerings to buy a billion more. There's no laws from any public company doing this. The banks and funds with laws against are internal laws or mandates they created for themselves.
SO guess what's going to happen when monkey see, monkey do.
The brilliant thing for Michael Saylor is, he still wins even if every company now copies off him.
re: Anyone buying MicroStrategy Inc (MSTR)?Posted by TigerTatorTots on 2/3/21 at 8:20 am to TigerTatorTots
on 2/3/21 at 8:20 am to TigerTatorTotsSaylor hosted a CEOs meeting last night where he had hundreds of CEOs from a range of business sizes to teach them the process of moving their treasury to bitcoin. This guy is amazing.
We broke $700 pre market too.
We broke $700 pre market too.
re: Anyone buying MicroStrategy Inc (MSTR)?Posted by GREENHEAD22 on 2/3/21 at 9:08 am to TigerTatorTots
on 2/3/21 at 9:08 am to TigerTatorTotsDamn, I wish I would have seen this when you first posted it.
Is there any other companies that have a cheaper buy in that I could get Crypto exposure with?
Is there any other companies that have a cheaper buy in that I could get Crypto exposure with?
re: Anyone buying MicroStrategy Inc (MSTR)?Posted by TigerTatorTots on 2/3/21 at 9:24 am to GREENHEAD22
on 2/3/21 at 9:24 am to GREENHEAD22Right now SQ has some exposure. They purchased $50MM worth late 2020 and I believe it is now over $100MM. Rather small potatoes when comparing to MSTR. There have been dozens of funds adding Bitcoin but haven't had a major corporation announcement in a while. MSTR was the first big one and they haven't let the foot off the gas since. I also think their stock price is somewhat inflated compared to BTC assets under management.
At the end of the day, buying BTC itself is much better than holding a stock as a bitcoin play. There is no premium that you are paying if you buy straight BTC.
At the end of the day, buying BTC itself is much better than holding a stock as a bitcoin play. There is no premium that you are paying if you buy straight BTC.
re: Anyone buying MicroStrategy Inc (MSTR)?Posted by GREENHEAD22 on 2/3/21 at 9:27 am to TigerTatorTots
on 2/3/21 at 9:27 am to TigerTatorTotsI need to quit being lazy and get on it. I just don't feel like have to open another account on another trading platform. 
Can barley keep track of everything I have now.
Can barley keep track of everything I have now. re: Anyone buying MicroStrategy Inc (MSTR)?Posted by Pezzo on 2/3/21 at 11:05 am to TigerTatorTots
on 2/3/21 at 11:05 am to TigerTatorTotsRealistically what are you expecting out of this MSTR? how high will it go?
re: Anyone buying MicroStrategy Inc (MSTR)?Posted by TigerTatorTots on 2/3/21 at 11:08 am to Pezzo
on 2/3/21 at 11:08 am to Pezzoquote:Its higher than I thought it would go. I assumed it would track BTC price gains but it has blown by them.
Realistically what are you expecting out of this MSTR? how high will it go?
re: Anyone buying MicroStrategy Inc (MSTR)?Posted by Pendulum on 2/3/21 at 11:10 am to TigerTatorTots
on 2/3/21 at 11:10 am to TigerTatorTotsI went into some BITW on Monday in my ROTH. Feel like I'd rather own BTC directly than MSTR; but BITW gives you a little more managed crypto diversity. Up 20% on that buy so far.
re: Anyone buying MicroStrategy Inc (MSTR)?Posted by TigerTatorTots on 2/3/21 at 11:15 am to Pendulum
on 2/3/21 at 11:15 am to Pendulumquote:Yes agreed. My big recommendation are purchasing these stocks/funds in tax sheltered accounts that cannot hold BTC directly. Roth, HSA, self directed 401ks. If you are buying those funds in an individual brokerage account, just transfer that money to your bank and buy actual Bitcoin instead.
Feel like I'd rather own BTC directly than MSTR
re: Anyone buying MicroStrategy Inc (MSTR)?Posted by TigerTatorTots on 2/8/21 at 2:25 pm to TigerTatorTots
on 2/8/21 at 2:25 pm to TigerTatorTotsI didn't think we'd see $1,000 MSTR until Bitcoin hit $150,000 but here we are...
re: Anyone buying MicroStrategy Inc (MSTR)?Posted by TigerTatorTots on 2/8/21 at 2:31 pm to TigerTatorTots
on 2/8/21 at 2:31 pm to TigerTatorTotsquote:MSTR was $220 when I posted this. I was so hilariously wrong
Still plenty to run if Bitcoin keeps doing what we expect it to do into late 2021. I'd guess another 80%-100% if we get get to $55k bitcoin
re: Anyone buying MicroStrategy Inc (MSTR)?Posted by GREENHEAD22 on 2/8/21 at 2:38 pm to TigerTatorTots
on 2/8/21 at 2:38 pm to TigerTatorTotsHoly Shit
Any idea what the ceiling on this thing may be?
Any idea what the ceiling on this thing may be?
Page 3 of 4
Popular
Gilbert was a freshman at LSU this past season.
Back to top
Follow TigerDroppings for LSU Football News