But certainly, if Bitcoin went up or down, this company might react by double/triple/in opposite of the movement, i.e, next year when the company change its accounting policy by recognising the gain/loss from the revaluation of bitcoin in the income statement, the reflected profit will be a basis of the PE; due to the nature of the business, the future PE might be unpredictable but certainly not equal to the gain or loss via direct investment in Bitcoin, the income might be lower or higher than direct investment in bitcoin.
digimonX : Using margin to buy cypto is definitely not a smart move, even when you are confident of the future. The short term volatility will wipe you out. Exchanges are known to hunt down & wipe out leverage players, both long & short alike.
RVLTN : There is far far far more demand for the extreme low supply , its banana zone time right now too, meaning Michael Saylor is operating ‘Game Theory’ live for all to see. The infinite money glitch is there and exposed. BTC goes to federal reserve status in 2025 ( if not US then BRICS if not either of us then every other country has that opportunity of their histories to make a leap afforded to them once, BTC will not lose. It’s 2024/25, the uncertainties and crypto bashers all flamed out, get in hard and hold on!
digimonX RVLTN : Not many people understand the logic you have just presented. As saylor puts it, they have not put in the 100s of hours learning abt bitcoin. It is ok because it means we are still early. When everyone gets it, there is nothing else to be made.
TechWhiz : ok, bear. please short it to dust