$MicroStrategy (MSTR.US)$ hmm. Why the stock is not 100% t...
$MicroStrategy(MSTR.US$ hmm. Why the stock is not 100% tracking the bitcoin px , as its portfolio is all bitcoins?
Curernt stock price $1400 vs Friday close $1367 , up 2.4%
Current btc price $63k vs Friday close $60k, up 5%
Current btc price $63k vs Friday close $60k, up 5%
Thanks for your opinions
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Novice Trades : it is a piece of equity representing a company after all and not the bitcoin index. For example, if mstr suddenly partners with every major tech firm tomorrow, would you think this will affect the price of bitcoin? Unlikely.
House Edge : Maybe the firm is dumping BTC. The largest BTC holder.
spx666 OP Novice Trades : no, it won't affect the price of btc though.
the price of btc affects mstr, not the other way around.
I was just a little shocked seeing btc closed -3% on Friday but mstr -9.7%,
and thinking possibilities of pair trades.
Novice Trades spx666 OP : there you have it, you've answered it yourself haha
RVLTN : Yeah I’m sure their dumping lmao
Hilarious how lost some people are