Bitcoin has risen 135% in the past year, and MicroStrategy has risen 556% in the past year.
Why is it so fierce? MicroStrategy is actually a bit similar to what Luna did in the last bull market. MicroStrategy only does one thing, issuing bonds and hoarding coins. There is no need to support a large team. He just quietly puts the private key in a cold wallet and then wins.
MicroStrategy's current average Bitcoin purchase cost is about $38,585 per coin. The comprehensive cost since investing in Bitcoin in 2020 covers its multiple purchase activities in different time periods. As of now, it holds about 244,800 Bitcoins, with a total value of nearly $15.4 billion. MicroStrategy's company market value is 43 billion US dollars
What are the advantages of MicroStrategy?
1. Unlimited ammunition, if you don't have enough money, issue bonds
2. Ultra-low borrowing interest rate, the last two interest rates are only 0.625%
3. The averaged comprehensive cost of Bitcoin is 38,000 US dollars
4. There are multiple ETFs around MicroStrategy, which is a treatment only for the 7 giants
There are currently 5 ETFs around MicroStrategy, which is enough to show the importance of Wall Street. MSTY's yield curve is relatively stable, and it should be a cover call rental collection strategy.
MSTU-twice long MicroStrategy
MSTX-1.75 times long MicroStrategy
MSTY-option income strategy
MSTZ-twice short MicroStrategy
SMST-1.5 times short MicroStrategy
To sum up, these mean that MicroStrategy has unlimited funds for users to buy BTC. MicroStrategy issued bonds and bought Bitcoin when the price of Bitcoin was 58,000, and now Bitcoin has risen to 63,000.
In fact, the company's net assets are increasing rapidly, which is much more profitable than its original software business. Jiao 旒癓: xntm566 is comparable to a money printing machine. As long as Bitcoin continues to rise, it can continue to fly like Luna, which explains why MicroStrategy can rise much faster than BTC. MicroStrategy is an active leveraged long BTC fund😂
As a famous dealer in this bull market, he buys as long as Bitcoin falls. Unlimited funds and ammunition, the key event of this round of bull-to-bear is likely to be related to MicroStrategy.
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