Replies (29)

In my opinion it is a dead trade maybe the beginning of a new bull cycle will revive it but I think Saylor should have used the bull market to build a profitable software business and maybe acquire some other profitable businesses that could help pay all these dividends he is promising with all these credit products, while MSTR was in strength to build more of a moat. Went too hard on the leverage works good in a bull market but not so good when tied goes out.
Maybe the problem I see is that if bitcoin breaks downward then their is no good entry in MSTR if bitcoin recovers and continues a bull maybe but that’s a big maybe. On the downside MSTR is about a 2-4x on the upside it at best a 1x.