#Bitcoin  +118% YTD

Microtstrategy ($MSTR) +180% YTD

Block ($SQ) -38% YTD

What does this tell you?

Reply to this note

Please Login to reply.

Discussion

Suggests to me investors that investors are currently a lot more enthused with bitcoin as a balance sheet strategy than as a business strategy

And that 1 sat = 1 sat

The first “investors” doesn’t exist

👋🧙

🎯

Because investors know Bitcoin does one thing better than anyone else: store of value. Not currency or payments. Bitcoin is gold, not dollars.

That's my bitcoin investment thesis too.

Биткойн может даже облегчить мой метод передачи информации с течением времени.

Yes, time chain.

They don’t want to miss catching some exposure to the pump before they can do it themselves

The investor views Block and it's connection to Dorsey as a negative. Correctly so I might add.