$MicroStrategy (MSTR.US)$ To be honest, the issuance of 10 b...
$MicroStrategy (MSTR.US)$ To be honest, the issuance of 10 billion shares should be greatly increased in terms of the issuance limit, rather than intending to issue 10 billion shares. I think everyone misunderstood this concept, so there's no need to panic excessively.
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Biao Zhang1988 : Tomorrow, if it falls to 300, can you guarantee that Bitcoin has fallen below the lowest point of the past two weeks?
TechWhiz : Exactly. 10bn shares cap is to prepare for more atm, converts and stock split. Means more btc and higher mstr price going forward. And stock split is to boost options trading.
If mstr hits 10bn shares, its market cap will be at least 3T usd or more. This means more passive funds flow from qqq and other indices . They will be in same league as top s&p shares.
Great news long term but as usual, short term bears will come out and criticise.
Let it be....
KlutKh : mainly just for stock split
102514703 Biao Zhang1988 : Yes, Bitcoin still has 3 weeks to break down, not much time
74736706 OP Biao Zhang1988 : Bitcoin will now consolidate at this stage for a period of time, and then start to rise again when the next bullish news appears.