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Started By
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Posted on 11/19/24 at 2:00 pm to LSUSLU106
quote:I'm in for 6.5 shares at $411 today, and now we're at $443. Just crazy.
Once again this is only the beginning for MSTR if BTC does what Saylor believes. If Saylor is right about BTC this thing will 10x or beyond
13 million BTC here we come.
This post was edited on 11/19/24 at 2:50 pm
Posted on 11/19/24 at 4:03 pm to TigerTatorTots
How long are you holding that for
thats impressive
Posted on 11/19/24 at 6:26 pm to UltimaParadox
I’ve watched your video and I’ve also sat through multiple earnings calls of mstr and studied their balance sheets. You’re wrong. Many companies use equity offerings and convertible bonds to raise money to operate their businesses. Currently Mstr has 30b of assets to their 4.5b of convertible debt(all in the money btw and will be off their books by 2032) and they can easily service their interest payments with their Bi business. Interest rates are .8% blended, less than 1 percent, and they got rid of their biggest cash killer in August this year. Demand is high right now so of course they will capitalize on the opportunity to issue more shares and debt to keep buying more btc for their balance sheet, why wouldn’t they if they believe in btc long term. If you’re not a btc guy then yeah Mstr isn’t for you. But the Ponzi scheme FUD is simply not true. They don’t need to issue any more shares or debt to service what they currently have. Compare it to other companies across the sp500 they are hardly overleveraged and they trade at a 3x mNav. Other tech companies trade at 20,30,50,100x their earnings. Try again
This post was edited on 11/19/24 at 6:27 pm
Posted on 11/19/24 at 7:51 pm to sonoma8
quote:Purchased the shares back in 2020. Purchased the calls in March 2023.
How long are you holding that for thats impressive
Posted on 11/19/24 at 7:53 pm to TigerTatorTots
quote:Smart man. Lots of nerve, patience, and resolve.
Purchased the shares back in 2020.
How did you happen upon it?
Posted on 11/19/24 at 8:05 pm to bayoubengals88
Saylor was the first to announce a bitcoin reserve strategy in August 2020 and I was/am big into the bitcoin world. I started buying pretty heavily in my/my wife's ROTH IRA and HSA around when this thread was first started. Then added a good bit to my individual trading account in 2022 during the big crypto crash.
Posted on 11/19/24 at 8:13 pm to TigerTatorTots
quote:
TigerTatorTots
Congrats on your trades. You know I’ve been on your side even if we disagree with the fundamentals.
That being said, I’d think long and hard about how much you let taxes sway your decisions. Long term gains treatment on something that swings 10-15% per day is probably irrelevant.
Good luck brother.
Posted on 11/19/24 at 8:16 pm to LSUSLU106
quote:
Once again this is only the beginning for MSTR if BTC does what Saylor believes. If Saylor is right about BTC this thing will 10x or beyond
This is a brick in the long road of BTC massive swings.
Don’t fool yourself into thinking volatility is going anywhere any time soon, and if that’s the case, MSTR sub $100 is likely in the cards.
ETA - MSTR is probably going to $1000, but $100 is probably even more likely before then. Invest appropriately. Buying at a premium is insane to me given its track record.
This post was edited on 11/19/24 at 8:18 pm
Posted on 11/19/24 at 8:21 pm to slackster
quote:Yea I really do want to skim some of these options, but I already sold a good bit earlier in the year and am butting right up against some tax credit caps for the year. Thinking long and hard if locking in the profits is worth forgoing these tax credits. Everything MSTR related is in LT cap gain territory
That being said, I’d think long and hard about how much you let taxes sway your decisions. Long term gains treatment on something that swings 10-15% per day is probably irrelevant.
This post was edited on 11/19/24 at 8:22 pm
Posted on 11/19/24 at 8:24 pm to TigerTatorTots
shite I realize you posted earlier the calls were over 18 months ago.
What kind of tax credits are on the table here?
What kind of tax credits are on the table here?
Posted on 11/19/24 at 8:38 pm to slackster
This post was edited on 11/19/24 at 9:41 pm
Posted on 11/19/24 at 8:41 pm to TigerTatorTots
Gotcha. Yeah I’d suggest just doing the math man. You’re probably a daily fluctuation away from those credits evaporating in account value
These premiums are kinda crazy. Well outside the norm.
These premiums are kinda crazy. Well outside the norm.
This post was edited on 11/19/24 at 8:46 pm
Posted on 11/19/24 at 9:01 pm to slackster
Yea the credits are small potatoes when comparing to the daily fluctuations. Hell just a tiny little trim would be in another ballpark than what I'd lose in the credits. Still pains me to make the decision of "throwing them away" when that decision could very well be the wrong one if this does continue upwards into January. I already know I'm going to blow wayyyy past those caps in 2025 from profit taking in the MSTR/BTC miner stocks. Was just trying to maybe hold out until January 1
This post was edited on 11/19/24 at 9:04 pm
Posted on 11/20/24 at 7:07 am to TigerTatorTots
Can you just roll up the calls to a higher strike?
Posted on 11/20/24 at 7:12 am to TigerTatorTots
Posted on 11/20/24 at 7:28 am to castorinho
And we are pumping pre market.
Jesus this ride is wild.
Jesus this ride is wild.
Posted on 11/20/24 at 7:39 am to I Love Bama
Added 15,000 dollars worth yesterday more shares 
Posted on 11/20/24 at 9:05 am to Granola
18M shares traded in the first 30 minutes.
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