@YoYInvestor Itยดs positive they are taking part. But itยดs just one out of nearly 800 exhibitors. (The red mark shows their booth)
ONDAS will become greater than this appearance ๐
Mike has the right to buy back the $STRC shares any time at a price of $101 (see SEC filing during IPO)
If $BTC i.e. would reach $127K he could sell all and make $50B profit in cash (if the $BTC price would hold up, which it won't if he sells so many)
Or he just pays back his debts by seeking just as many BTC as needed and keeps $50B in Bitcoin.
Right now he sits on unrealized losses. If BTC gets above his average buying price he sits on unrealized profits.
If I would be him this would be my strategy: Pay back all debt at some point of time and thank all lenders for believing in me.
@BitcoinTeacher_ What are the potential upcoming catalysts for Bitcoin prices besides IPOs, FED interest rates, Ceasefires and any "Deals"?
Just curious.
@BackStCrawler@TheLongInvest Just assume $MSTR would stop buying $BTC or sell all of them. You would certainly not like it as BTC hodler as BTC price would drop sharply.
I agree with you in general, but just be happy people buy $STRC driven by $MSTR.
FYI Iยดm using a 5x CLC call on MSTR - for me the daily candles count a lot! This is why was asking ;-)
If BTC moves +3% and MSTR moves leveraged +6% it means my investment moves +30%.
(I bought the CLC on Friday shortly before market closure. Itยดs a pretty hot bet- not sure where I will end up with.)
So far no leverage at all or actually negative: $BTC is up 5.3% since Friday market closure. $MSTR is up only ~3% more like the daily performance of $BTC which is also currently+3%.
(I'm aware the trading day just started but we are far far away from the 4x leverage stated originally.)
@TimTakesProfit Thanks for the explanation.
So assuming $MSTR trades at a (conservative) 1.5x leverage ratio today, we would have to see a +7% move on $MSTR if $BTC remains at $63,180 or above.
(4.7% BTC price increase since Friday market close x 1.5 leverage = 7.05%)
On the leverage $MSTR vs $BTC how is it calculated? And what rate is correct?
I read 1.5x from you, now 2x-3x and some others mentioned 4x leverage.
And does this also apply once Bitcoin price is below the average price MSTR paid? Or is it more when above average price and less leverage when below (because it means unrealized loss)?
$BTC is up 4.7% since Friday market closure ($60,265) vs $63,180 at the moment.
So it means $MSTR should be up today after market opens around 7%-19%? (In case $BTC stays where it is now) Pretty wide range.
Is this leverage more a guesstimate out of experience or can it be more predictable?
On the leverage $MSTR vs $BTC how is it calculated?
And does this also apply once Bitcoin price is below the average price MSTR paid?
$BTC is up 4.7% since Friday market closure ($60,265) vs $63,180 at the moment.
So it means $MSTR should be up today after market opens around 15%-19%? (In case $BTC stays where it is now and leverage is about 3x/4x)
Or is this leverage more a guesstimate out of experience?
Serious question: Where does the $MSTR leverage come from and how is it calculated?
$BTC is up 4.7% since Friday market closure ($60,265) vs $63,180 at the moment.
So it means $MSTR should be up today after market opens around 15%-19%? (In case $BTC stays where it is now)
I doubt it.