it looks like you're trading companires adopting the bitcoin standard. Have you seen any long term plays? I hold MSTR, MARA, Metaplanet, Semler Scientific. I'm always looking for more opportunities.
Following up on $CAN that came on the radar when someone/something traded $1M in a second ...they reported on 11/20 ... interesting business plus what is probably now about $100M IN #BTC #Bitcoin in the treasury ... turns out it is headquartered in Singapore and they design mining chips and machines ... I guess it is a "picks and shovels" play for the current era ... anyone who wants to take a quick scalp on this could sell for $1.80 for a quick gain of 16% in 7 days ... I'm going to give it some time to run ..
Here is the original post....
https://primal.net/e/note1tpa7v7z65typrewrsk9y7qa7ayc4w2hghu4alcse200qjyhtjdsseng2pm
Their web presence ...
https://investor.canaan-creative.com/
#marketlive #live #trading #trader #finstr #liquidity #HFT #satoshinomics #options #tradfi #macro #factstr #treasuries
Discussion
Thanks for the Reply ... $MSTR and $MARA show up on the HFT scanner, the others (at least not yet) don't ... is there a US based ticker for Metaplanet?
Here is a snapshot of the situation with respect to $MSTR as of the close on Friday ...
That red dot marking the current top is about $.25B trading in one second ...
Interesting times ... have reviewed some of the YouTube analysis on the $MSTR business model and while sure would have been nice to participate in this "Tulip Mania" looking rise, but I've stayed away ...
Just don't understand in the long run why I need a company to buy $BTC for me ... especially when it's share price is so much higher than it's asset value in $BTC ... but hey ... it's the 90's after all ....🙃
listen to Saylor on the topic, he is very clear. It's the total bond adressable market that's giving MSTR it's value, they have a unique offering. If BTC gets adopted as reserve by nation states, MSTR is going to do very well. But, sure, we should gocus on the real thing!