MICROSTRATEGY’S COMEBACK: HOW BITCOIN RESCUED A TECH GIANT Did you know? NASDAQ:MSTR was once the darling of the 90s tech boom, but spent TWO DECADES in decline after the bubble burst. 📉
That all changed when @saylor made the boldest bet in corporate history—he turned to Bitcoin. 💡 By selling equity, he fueled NASDAQ:MSTR 's massive BTC acquisition, and now? The stock has charged back towards its all-time highs after two decades. 📈
Critics called it reckless, but Saylor's vision was clear: Bitcoin would save the company. Now, he's vindicated—and MicroStrategy is thriving again
This is the power of conviction and bold moves in the face of doubt. 😤💯
The future will be built on decentralized technology and there is nothing better than BTC & DOGE 🧡 🚀
Microstrategy
MSTR - 2024's Best High Beta PlayAfter entering NASDAQ:MSTR at $200 in January of 2023, it is evident that MicroStrategy shines as the ideal stock to generate profit day after day. Given its high beta nature and volatility based on Bitcoin's movement, we can price NASDAQ:MSTR in a manner that is fixed to Bitcoin's price.
The reasoning is that MicroStrategy believes, and has believed, that CRYPTOCAP:BTC is the most appropriate store of value now and in the future.
It appears that they may be correct.
I am anticipating NASDAQ:MSTR to surpass $1750-1775 and reach $2,000.
CRYPTOCAP:BTC should hit $75,000 at that point.
This is where I will decide to sell off some shares in anticipation of a price correction down to $800-$1250 per share of $MSTR. At this time, I believe Bitcoin will fall to 52K to 55K. It should, in order to make sense, considering liquidity in the market.
As of 3/13/2024, it costs $42,000-$47,000 USD to mine 1 CRYPTOCAP:BTC , based on the average cost of electricity globally.
I believe we will see a very common "sell the news" event come April prior to, or during, the halving. Bitcoin will correct.
The halving will double the complexity to mine one Bitcoin, which will push the electricity cost to the range of $84,000-$95,000 USD.
This will be the next gap up, and Bitcoin will continue to reach historical highs.
Stay tuned.
MicroStrategy is buying additional $42 billion worth of BTCMicroStrategy announced its plans to buy more Bitcoin: $42 billion worth of BTC.
Why does it matter to us? After the purchase, over 3% of the Bitcoin supply will be held by a single company. Other companies are also adding BTC to their balance sheet. Countries are also doing it. BUT Bitcoin is scarce.
So far, in total, NASDAQ:MSTR has invested $9.9B into Bitcoin; this investment will be more than 4x that figure.
MicroStrategy is currently valued at $50.11B, which means that BTC has been playing an important role in increasing shareholder value.
Michael Saylor announced "raising $42 billion of capital over the next 3 years, comprised of $21 billion of equity and $21 billion of fixed income securities".
Microstrategy Remains In The Bullish Trend; Positive For Crypto?MicroStrategy is a leading provider of business intelligence (BI) and analytics software. Founded in 1989, the company helps organizations analyze data to make informed business decisions. It's known for its robust platform that supports data discovery, predictive analytics, and mobile app. Additionally, MicroStrategy has made headlines for its significant investments in Bitcoin and both of them are still in the bullish trend.
Microstrategy with ticker MSTR remains nicely bullish as expected and looks like 5th wave is in progress, which can push the price even higher with space up to 300 area, just be ware of short-term pullbacks. If that will be the case, then Crypto related stocks may cause a bullish breakout on Bitcoin as well due to their positive correlation.
Spike in the Bitcoin price in the near futureI have noticed that there is a big discrepancy between the price of Bitcoin and MSTR.
I haven't checked how the trading volumes compare, but my guess is that this arbitrage should have a noticable impact on increasing the Bitcoin price, until the prices of MSTR and Bitcoin find each other in the middle.
The "Middle" is dependent on the price discrepancy and total volume discrepancy.
Why is MSTR at an ATH while Bitcoin is dumping at 60k? Something doesn't make sense here.
Either people closer to the stocks know something about Bitcoin that we don't, or the market became extremely inefficient and there is a great opportunity for arbitrage.
I am not sure how to execute this yet, maybe I leave something in the comments.
MSTR is well prepared for a BOOM season -- may retest 450 soon!MSTR has corrected extensively since peaking at 450 range last July. Now, LONG POSITIONS has started accumulating at the current price range based on daily metrics.
Significant net buy volume has been registered -- almost overtaking average numbers this past few days. This a definite sign that a new base is currently being cemented for a new ascend movement soon -- for the long term.
It is currently bouncing off a 78.6 FIB level with precision - a major order block support.
Expect some significant upside volatility from the present levels.
Spotted at 325.0
TAYOR.
Safeguard funds always.
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SOME RELATED NEWS:
MicroStrategy Bought 5,445 Bitcoin for $150M Since August
The software ompany now holds nearly $4.68 billion worth of the largest cryptocurrency by market capitalization.
By Shaurya Malwa
AccessTimeIconSep 25, 2023 at 8:25 p.m.
Updated Sep 26, 2023 at 12:40 a.m.
Software developer MicroStrategy (MSTR) purchased nearly $150 million worth of bitcoin (BTC) between Aug.1 and Sept.24, it said in a Monday regulatory filing.
"MicroStrategy, together with its subsidiaries, acquired approximately 5,445 bitcoins for approximately $147.3 million in cash, at an average price of approximately $27,053 per bitcoin, inclusive of fees and expenses," the company said in the filing.
Bitcoin is about to go boom! Bitcoin has been putting is some near term lower highs and lower lows.
The daily chart trend is starting to breakdown and show signs of distribution.
The weekly chart trend is still ok but even if we had a flush to 40k the Weekly chart would still display higher lows.
The point of this higher low excercise is to define trend and know that trends can often have a large range.
That being said I think a short setup in BTC is brewing. a retest of the 50 & 100 MA will likely prove to be very strong resistance as we keep losing the key larger term MA's.
As banks and potentially the stock market lose some momentum its going to be interesting to see how crypto is going to hold up.
Microstrategy Inc. The Money SongMicroStrategy, the largest corporate holder of bitcoin, announced a 10-for-1 stock split on Thursday.
The company said the shares will be split into class A common stock and class B common stock “to make MicroStrategy’s stock more accessible to investors and employees.” The move comes amid a lull for the price of bitcoin, which has been stuck in a tight range since about March, but which many investors expect to rebound in the second half of the year.
The shares rose about 6% but are currently about 34% off an all-time high of $1,999.99, reached in March of this year.
In technical terms Microstrategy tripled in price over the past 12 months and doubled in price in 2024, outperforming the major crypto assets like BTC, ETH, and Total crypto market cap as well.
The main technical graph indicates perhaps it has much more to deliver.
//
Money talks
Money shouts
Don't take much to hear
Like it or not
You need a lot
If you're gonna make a life down here
MicroSrategy Shows Bullish Triangle-Brekout In ViewLooking at MicroStrategy, there is a very nice recovery from the 1190 area, but prices are not yet breaking out. Currently, there is some consolidation near the upper side of this contracting range around 1660, which could represent the upper levels for sub-wave D of a trinagle. Triangles are structured by a-b-c-d-e subwaves, so I assume that the price can still pullback a bit, and possibly fill the gap near 1400, from where I would be looking for the next move higher.
GH
MICROSTRATEGY Bottom on Inverse Head and Shoulders. Eyeing $2000MicroStrategy Inc. (MSTR) is about to complete the Right Shoulder of an Inverse Head and Shoulders (IH&S) pattern, which is a bottom formation technically. The Head was formed on the 4H MA200 (orange trend-line), a long-term Support for the stock, while the price is now testing the 4H MA50 (blue trend-line) as Resistance.
We saw this exact same behaviour on MSTR's previous bottom (May 01) and right when it broke above the 4H MA50, it peaked marginally above the 1.618 Fibonacci extension level. As a result, we expect a similar development and our Target is $2000.
Notice also that right when the price was testing the 4H MA50 last time, the 1D MACD formed a Bullish Cross, which is what it is currently doing. Strong similarities everywhere.
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BTC USD: TRAPS ARE EMINENT~! BUT NOT WITH US!!!BTC USDT
Bullish Sentiment
a. BULLISH Back to 67.7K to get out (LAST CHANCE BEFORE WE KISS NEUTRAL AND GREED METER GOODBYE)
b. BULLISH to repect MA and Trendline retracement.
c. Shortterm Bullish to BULL trap and feed bears!
Bearish Sentiment
a. MStrat just bought; money for sharks and scalpers.
b. Increasing interest to short the market due to inflated balloon of longs.
c. Sharp knife drop eminent once we receive a capitulating news somewhere 66 67 and 68k at least
d. This knife drop will give you 3 candles signal in 1D tf. and a clear patterns in 4hr down to 15hr tf.
e. It will fail to reclaim a higher price than 68.8k body close. 69K is too funny to reclaim especially with a strong candle close in weekly. No one can predict that if that happens.
media.discordapp.net
MSTR out Performing BTC, Divergence when BTC ETFs LaunchedI'm Bullish on BTC in general, hold it and other cryptos.
However the divergence in price action on MSTR vs BTC had a massive shift when the BTC ETFs hit the markets.
Makes me wonder if MSTR could be considered a Leveraged BTC long . like a 2x or 3x ETF
MicroStrategy Makes it to The MSCI World Stock IndexMicroStrategy ( NASDAQ:MSTR ), recognized as the world's largest corporate holder of Bitcoin, has recently been included in the MSCI World Stock Index, which has significantly enhanced the liquidity of its stocks. The company's stock price has consistently outperformed Bitcoin's price over the past year and into early 2024. Notably, on May 14, the NASDAQ:MSTR stock price surged by 4.15%, hovering just below the $1,300 mark. This development underscores the increasing convergence of cryptocurrency exposure within traditional investment portfolios, as billions of dollars are either monitored against or used as benchmarks against MSCI's global index.
Michael Saylor, the co-founder of MicroStrategy, is renowned for his strong support of Bitcoin. As of April 26, MicroStrategy ( NASDAQ:MSTR ) possessed a significant holding of 214,400 Bitcoins. Over the last year, MicroStrategy's stock price has quadrupled, surpassing the increase in Bitcoin's price by an impressive 130%. However, the launch of spot Bitcoin ETFs in the U.S. this year has posed a challenge to MicroStrategy's market dominance.
In March, Kerrisdale Capital Management LLC publicized its decision to short the stock, attributing it to the rapid growth of MicroStrategy outpacing the surge in the digital asset's price. Presently, MicroStrategy has received four analyst buy ratings, with an average 12-month price target of $1,678.75, which is almost 30% higher than the current stock level, as per data compiled by Bloomberg.
Index provider MSCI has included U.S. bitcoin investor MicroStrategy ( NASDAQ:MSTR ) in its list of 42 additions to its widely tracked world index, while more firms from India have joined its emerging markets index following a quarterly review. These additions are closely monitored as billions of dollars invested in exchange-traded funds track MSCI indexes, and they are utilized as performance benchmarks for fund managers.
The three largest additions to the MSCI emerging markets index will be U.S. companies: software firm and bitcoin investor MicroStrategy, data storage company Pure Storage (NYSE:PSTG), and mechanical and electrical construction firm Emcor. These changes, effective at market close on May 31, typically drive a notable increase in turnover.
MSTR MicroStrategy Incorporated Options Ahead of EarningsIf you haven`t sold MSTR on this potential fair value retracement:
Then analyzing the options chain and the chart patterns of MSTR MicroStrategy Incorporated prior to the earnings report this week,
I would consider purchasing the 1250usd strike price Puts with
an expiration date of 2024-5-17,
for a premium of approximately $120.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
MSTR Announces Q1 2024 Financial Results; Holds 214,400 BTC**Title: MicroStrategy's Bitcoin Investment Strategy: Navigating Volatility and Seizing Opportunities**
MicroStrategy ( NASDAQ:MSTR ), the pioneering software company led by CEO Michael Saylor, continues to make headlines with its bold Bitcoin investment strategy. Amidst a backdrop of financial results and market dynamics, MicroStrategy's relentless pursuit of Bitcoin accumulation underscores its commitment to digital asset adoption. With recent updates on its Bitcoin holdings, financial performance, and market analysis, MicroStrategy's journey offers valuable insights into navigating volatility and seizing opportunities in the cryptocurrency space.
MicroStrategy's Bitcoin Acquisition Strategy:
MicroStrategy's latest financial report reveals a strategic focus on Bitcoin accumulation, with the company acquiring an additional 25,250 CRYPTOCAP:BTC in the first quarter of 2024. This brings MicroStrategy's total Bitcoin holdings to a staggering 214,400 CRYPTOCAP:BTC , worth approximately $13.6 billion. By leveraging proceeds from capital raises, MicroStrategy reaffirms its position as a leading corporate holder of Bitcoin, representing nearly 1% of the digital asset's total circulating supply.
Financial Performance and Market Dynamics:
Despite its robust Bitcoin holdings, MicroStrategy reported a net operating loss of $53.1 million for the first quarter of 2024. This loss, attributed to digital asset impairment charges, underscores the inherent volatility of cryptocurrency investments. However, MicroStrategy's double-digit subscription services revenue growth demonstrates the resilience of its core business, fueled by a strategic shift to cloud-based services.
Analyst Insights and Price Target Adjustments:
Analysts at Canaccord Genuity offer valuable perspectives on MicroStrategy's performance and future prospects. While maintaining a buy rating, Canaccord revised MicroStrategy's price target to $1,590 from $1,810, reflecting both the appreciation of Bitcoin and the revaluation of the software business. Despite the stock's 2.5% decline in after-hours trading, analysts remain optimistic about MicroStrategy's long-term potential.
Scarcity Value and Market Outlook:
MicroStrategy's significant Bitcoin holdings contribute to its scarcity value, offering equity investors a unique avenue for exposure to the digital asset. As the cryptocurrency landscape evolves, MicroStrategy's proactive approach positions it as a frontrunner in harnessing the potential of blockchain technology. With positive market indicators, including recent approvals of U.S. Bitcoin spot exchange-traded funds (ETFs), the stage is set for continued growth and innovation in the digital asset space.
MSTR MicroStrategy Incorporated Fair Value | Potential Sell-OffAchieving a scenario where MSTR trades at parity with its Bitcoin reserves would necessitate a remarkable surge in BTC price to $157,000, marking a staggering 130% increase from current levels!
At today's BTC price, MSTR's ideal settlement range would hover around $775-$800, representing its fair value!
Adding a slight premium, my adjusted price target for MSTR would be $960!
The growing popularity of Bitcoin ETFs presents a challenge to MSTR's relevance, making it useless to hold MSTR at such a high premium to its BTC holdings!
It's worth noting that CEO Michael Saylor sold 1,508 shares of the company on March 14, 2024.
MSTR Explained (Reverse Repo Of Bitcoin) 30k+ Target
A lot of people are critizing MSTR & Michael Saylor for his Bitcoin activity and it needs to be cleared up on how serious this is for MSTR.
If Bitcoin continues on its trajectory, MSTR will be in the top 10 companies by market cap in the SP500.
1. Spot ETF's cannot be added to SP500 Index funds.
2. Spot ETF's cannot be levered on the base price.
3. MSTR shortly will be in the SP500 index funds meaning global allocation to the standard funds will be buying up MSTR shares that MSTR in return will be using to buy Bitcoin and apply low corporate leverage debt.
SP500 Index Fund > MSTR > Debt/Bitcoin > Bitcoin scarcity increased > Spot ETF rises, increasing the MSTR total value.
Large funds can park money with MSTR that MSTR then uses extremely low corporate leverage to accumulate more Bitcoin per capital invested that they then hold and adjust shares accordingly / buy back shares.
At the end of this bull market Michael Saylor can also make a decision to get debt against a portion of his Bitcoin in the company balance sheet and use his operating income / to fund and secure the debt.
Spot ETF's are extremely important including Futures.
MSTR? also very important in what he is doing.
MSTR is not a Spot ETF it's a company with a structure to generate returns like Berkshire Hathaway, there is risk involved but Saylor has taken a route that gives MSTR a strong resilience to bear markets and stronger upside to bull markets. This might have not worked if there was too much Bitcoin supply to purchase meaning Spot ETF's out weigh MSTR.
But MSTR has more than enough for what it needs to become one of the largest investment company in the world.
MSTR on this trajectory is worth north of $20,000 per share.