Bitcoin up 20% and $MSTR down 20% since I posted this. And it will only get worse. So you took mo... | Beanie

Bitcoin up 20% and $MSTR down 20% since I posted this. And it will only get worse. So you took mo...

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Note: AI-generated summary based on third-party content. Not financial advice. Read more.

Quick Insights

The author suggests that MicroStrategy ($MSTR) is a riskier bet than holding Bitcoin directly, despite its perceived leverage. The NAV premium for $MSTR has dropped from 3.5x to 2.5x in two weeks and is expected to continue falling, potentially leading to a NAV discount. A "narrative shift" could see $MSTR shares drop to $150, and a Bitcoin selloff to prices from a few months ago could push $MSTR below $100.

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About Beanie

Beanie

By beaniemaxi

Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.