Guavaxf3006
06-26
$Strategy(MSTR)$  

A brand New 52-week low. Just when you thought it has hit bottom, MSTR goes lower. 

But if you think about it, this should have been expected. Seriously. What doest MSTR produce that is worth owning a part of the company? Nothing. It's only claim to fame are the bitcoin it holds in their treasury. Bitcoin which was bought from constant issuing of new shares or bprrowing of new depts. 

it was okay when Bitcoin prices jept goinv higher than their last purchase prices but when it has been falling even lower than their most tecent buys, it was going to implode. 

Sorry guy. MSTR is insolvent. It has ran out of funds. First sign of this was when they had to sell off a very small number of bitcoin last month. Ask yourself. Why ?

BlackRock and Mastercard Endorse Circle — So Why Is the Stock Still Falling?
Circle fell 6.78% to $80.45 Wednesday, the worst name in the session for a second straight day, on a day of nothing but good news: BlackRock, Mastercard and Visa each disclosed partnerships, and Circle bought cross-border payments firm Tazapay, which handles over $25bn in annualized volume. Three of the biggest names in payments put their logos on the platform and the stock still fell. That gap is the story: an endorsement answers whether the compliance path works, not whether institutional money is allowed down it. Until the rules land, a signed partner is not a flow. Does the model hold up?
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Comments

  • smile000
    06-26
    smile000
    MSTR was always just leveraged Bitcoin in a suit lol. If they had to dump even a little BTC, that balance sheet stress is real no?
  • BurnellStella
    06-26
    BurnellStella
    Selling BTC last month was the tell. If the treasury story cracks, what’s left to own here?
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