Subnostr

I would agree. I only make MSTR moves when the NAV is at 2(ish) or lower. Its about 2.2 right now. The lowest of all 2024 so far. When the bear market shows back up, I think it will be late summer 2025, this trade will not work for most. My cost average is ridiculously low so I will be in the money by a lot even if there is an 80% BTC price drop. I will be reassessing daily in the bear. With the addition of MSTR into the QQQ happening in the next week or so, the low NAV, today is a great day to get in. I will add more with options. Since Aug. 2020, shareholders have 7x more bitcoin attached to them. The top 25 shareholders of MSTR are institutions that own 44% of the company and they are nor selling. They hold it in their funds. 9% is owned by retail. The BTC MSTR owns is worth 43 billion right now. The market cap is 94 billion.

Chris 1y ago

Understood…

Last few things…

1. Never trade your cost basis on ANYthing. It clouds good decision making. Evaluate all positions in the “present moment/Now”

2. Historical evidence shows that companies wildly outperform the few months going INTO index inclusion. Then normalise to underperform in the months/year just after. Buy the rumour. Sell the news. 😉

3. Most importantly, get out of MSTR all together sooner than later. Those sats don’t belong to you. That will matter sooner than you may think.

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