BREAKING: MicroStrategy stock, $MSTR, is now down -45% from its all time high seen 1 month ago.
Over this same time period, #Bitcoin is up ~1%.
Discussion
Stay with the original: Bitcoin
I’m curious to know how another convertible bond offering would be received currently…
Yeah, he just diluted his stock again. I feel like people aren't following the strategy here. Issue more shares(drops price), buy bitcoin(raises stock price).
Tough for those that got in on theop hoping for up only gains. It's yet another lesson to stay humble and not chase the theoretical gains compared to just buying and holding #bitcoin. Maybe 2025 will make new highs but until then gotta hold the back.
How is $305 45% of $319?