Bitcoin has risen 135% in the past year, and MicroStrategy has risen 556% in the past year. Why is it so strong? MicroStrategy actually does something similar to what Luna did in the last bull market. MicroStrategy only does one thing: issue bonds to accumulate Bitcoin. It does not need to maintain a large team; it quietly stores the private keys in a cold wallet and just lets it win.
MicroStrategy currently has an average Bitcoin purchase cost of about $38,585 per coin. The comprehensive cost since it started investing in Bitcoin in 2020 covers multiple purchases over different periods. As of now, it holds about 244,800 Bitcoins, with a total value close to $15.4 billion. MicroStrategy's market capitalization is $43 billion.
What are the advantages of MicroStrategy?
Unlimited ammunition; if money is insufficient, it issues bonds.
Ultra-low borrowing rates; the last two rates were only 0.625%.
2. Averaged Bitcoin comprehensive cost of $38,000.
3. There are several ETFs centered around MicroStrategy, a treatment typically reserved for 7 giants.
Currently, there are 5 ETFs centered around MicroStrategy, which shows the level of attention from Wall Street. The MSTY yield curve is relatively stable, which should be a cover call rental strategy. MSTU - 2x long MicroStrategy. MSTX - 1.75x long MicroStrategy. MSTY - Options income strategy. MSTZ - 2x short MicroStrategy. SMST - 1.5x short MicroStrategy.
In summary, this means MicroStrategy has unlimited funds to purchase BTC. MicroStrategy issued bonds and purchased Bitcoin when the price was $58,000, and now Bitcoin has risen to $63,000.
In fact, the company's net assets are rapidly increasing, which is much more profitable than its original software business, comparable to a money printer. As long as Bitcoin continues to rise, it can continue to soar like Luna, which explains why MicroStrategy can rise much faster than BTC. MicroStrategy is essentially a fund that actively leverages long BTC.
As a key player in this bull market, it buys in whenever Bitcoin drops. With unlimited financial ammunition, the key event that turns the bull to bear in this round is likely related to MicroStrategy.
MicroStrategy currently has an average Bitcoin purchase cost of about $38,585 per coin. The comprehensive cost since it started investing in Bitcoin in 2020 covers multiple purchases over different periods. As of now, it holds about 244,800 Bitcoins, with a total value close to $15.4 billion. MicroStrategy's market capitalization is $43 billion.
What are the advantages of MicroStrategy?
Unlimited ammunition; if money is insufficient, it issues bonds.
Ultra-low borrowing rates; the last two rates were only 0.625%.
2. Averaged Bitcoin comprehensive cost of $38,000.
3. There are several ETFs centered around MicroStrategy, a treatment typically reserved for 7 giants.
Currently, there are 5 ETFs centered around MicroStrategy, which shows the level of attention from Wall Street. The MSTY yield curve is relatively stable, which should be a cover call rental strategy. MSTU - 2x long MicroStrategy. MSTX - 1.75x long MicroStrategy. MSTY - Options income strategy. MSTZ - 2x short MicroStrategy. SMST - 1.5x short MicroStrategy.
In summary, this means MicroStrategy has unlimited funds to purchase BTC. MicroStrategy issued bonds and purchased Bitcoin when the price was $58,000, and now Bitcoin has risen to $63,000.
In fact, the company's net assets are rapidly increasing, which is much more profitable than its original software business, comparable to a money printer. As long as Bitcoin continues to rise, it can continue to soar like Luna, which explains why MicroStrategy can rise much faster than BTC. MicroStrategy is essentially a fund that actively leverages long BTC.
As a key player in this bull market, it buys in whenever Bitcoin drops. With unlimited financial ammunition, the key event that turns the bull to bear in this round is likely related to MicroStrategy.