peruvian_bull on Nostr: Hello everyone, I was wrong. I had the impression that MSTR would lose its bitcoin ...
Hello everyone,
I was wrong.
I had the impression that MSTR would lose its bitcoin premium in equity markets this year as the ETFs gained adoption, institutions looked for trust/savings vehicles, and other products would replace the stock as a holding vehicle.
I wasn't bearish, but I just thought it would cease to trade with BTC and go back to trading like a normal SAAS stock.
Instead, I now think MSTR is essentially a better version of the ETFs- no fees, no fund managers, no lockout periods, and a cashflowing business underneath to back the purchases- like my friend Atlas pointed out to me yesterday.
I bought my first options today.
Let's get this bread.
lamozartmayhem (npub1l3u…m2k9)
I was wrong.
I had the impression that MSTR would lose its bitcoin premium in equity markets this year as the ETFs gained adoption, institutions looked for trust/savings vehicles, and other products would replace the stock as a holding vehicle.
I wasn't bearish, but I just thought it would cease to trade with BTC and go back to trading like a normal SAAS stock.
Instead, I now think MSTR is essentially a better version of the ETFs- no fees, no fund managers, no lockout periods, and a cashflowing business underneath to back the purchases- like my friend Atlas pointed out to me yesterday.
I bought my first options today.
Let's get this bread.
lamozartmayhem (npub1l3u…m2k9)