Guavaxf3006
06-27
$Strategy(MSTR)$  

From high of above $457.22 to present price of $82.20, wow. What a spectacular collapse. And it's only source of value, Bitcoin, continues to plummet. Now at around $60k. 

The average holding cost of MSTR's Bitcoin is estimated to be above $84. And Michael Saylor continues to issue preferential shares that pays above 10% divideds to buy Bitcoin. How is this going to have a happy ending?

I fear when MSTR collapses, it will drag down all Cryptos and Crypto related instruments. 

Once again, the US authorities turn a blind eye and allow individuals to crash the economy.


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?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • IWANNA
    06-30
    IWANNA
    It will only get worst from here
Leave a comment
1