raktim07
commented on
$Strategy (MSTR.US)$ adds almost 9,000 Bitcoins to its holdings in third quarter. ![]()
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MicroStrategy, the business-intelligence software company that holds so much bitcoin on its balance sheet, has become something of a proxy for the world's biggest cryptocurrency. The company said it added almost 9,000 bitcoins to its holdings in the the third quarter, bringing its total to 114,042.
At current prices: 114,042 BTC = $61,900 * 114,042 ≈ $7.05 billion
MicroStrategy's market cap ≈ $7.50 billion
The company's bitcoin holdings are worth just over $7 billion, while its entire market capitalization is roughly $7.5 billion...![]()
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Does that mean MicroStrategy stock is almost equivalent to Bitcoin ETF？![]()
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On Thursday, MicroStrategy CEO Michael Saylor also retweeted a previous tweet of his from Oct. 28, 2020 revealing that he personally owned 17,732 bitcoin that he purchased for an average price of just under $10,000. He added the comment that "you do not sell your #bitcoin," implying that he still owned all those coins. At current prices, they would be worth roughly $1.1 billion.![]()
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Mooers, what do you think?![]()
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MicroStrategy, the business-intelligence software company that holds so much bitcoin on its balance sheet, has become something of a proxy for the world's biggest cryptocurrency. The company said it added almost 9,000 bitcoins to its holdings in the the third quarter, bringing its total to 114,042.
At current prices: 114,042 BTC = $61,900 * 114,042 ≈ $7.05 billion
MicroStrategy's market cap ≈ $7.50 billion
The company's bitcoin holdings are worth just over $7 billion, while its entire market capitalization is roughly $7.5 billion...
Does that mean MicroStrategy stock is almost equivalent to Bitcoin ETF？
On Thursday, MicroStrategy CEO Michael Saylor also retweeted a previous tweet of his from Oct. 28, 2020 revealing that he personally owned 17,732 bitcoin that he purchased for an average price of just under $10,000. He added the comment that "you do not sell your #bitcoin," implying that he still owned all those coins. At current prices, they would be worth roughly $1.1 billion.
Mooers, what do you think?
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1) listen tk cnbc analysts
2) when they pump something buy short call
3) once pump is over buy puts
4) profit
2) when they pump something buy short call
3) once pump is over buy puts
4) profit
raktim07
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Stocks set to climb on Powell's dovish fed stance
Asian stocks look set to rise Monday after U.S. equities rallied to a record and Treasuries advanced on Jerome Powell's signal of a cautious and gradual withdrawal of pandemic-era Federal Reserve policy support.
Futures for Japan, Australia and Hong Kong rose, while U.S. contracts were steady. The S&P 500 climbed following Chair Powell's Jackson Hole speech, in which he said the Fed may start paring bond purchases this year but is in no hurry to raise interest rates and will be guided by data on Covid-19 risks.
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Asian stocks look set to rise Monday after U.S. equities rallied to a record and Treasuries advanced on Jerome Powell's signal of a cautious and gradual withdrawal of pandemic-era Federal Reserve policy support.
Futures for Japan, Australia and Hong Kong rose, while U.S. contracts were steady. The S&P 500 climbed following Chair Powell's Jackson Hole speech, in which he said the Fed may start paring bond purchases this year but is in no hurry to raise interest rates and will be guided by data on Covid-19 risks.
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raktim07
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You found me! Today's password: "Mundo"
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raktim07
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Asia stocks eye steady open after U.S. neared high
Asian stocks look set for a cautious start Friday after U.S. shares edged toward an all-time high and Treasuries climbed as traders digested some mixed economic data and the latest spate of earnings.
Equity futures dipped in Australia and Hong Kong. Japan is closed for a holiday. The S&P 500's biggest three-day advance since April took it nearer a new peak, while the Nasdaq 100 closed at a record. Technology firms like Microsoft Corp. rallied and cyclical stocks lagged. Twitter Inc. jumped on an upbeat outlook, but Intel Corp. fell on a lackluster sales forecast. U.S. stock futures rose.
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Asian stocks look set for a cautious start Friday after U.S. shares edged toward an all-time high and Treasuries climbed as traders digested some mixed economic data and the latest spate of earnings.
Equity futures dipped in Australia and Hong Kong. Japan is closed for a holiday. The S&P 500's biggest three-day advance since April took it nearer a new peak, while the Nasdaq 100 closed at a record. Technology firms like Microsoft Corp. rallied and cyclical stocks lagged. Twitter Inc. jumped on an upbeat outlook, but Intel Corp. fell on a lackluster sales forecast. U.S. stock futures rose.
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raktim07 : Which Hedge Fund is going to publish you to publish this? Retail buy high price share from a company who loose value when is Bitcoin Falls?
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