pull down to refresh

94 sats \ 2 replies \ @SpaceHodler 28 Dec 2023 \ on: Adam Back opinion on MSTR strategy on BTC bitcoin
Just a thought...
They will enter the S&P 500 soon. $8b market cap already, they only need another $12b. Once they're in the S&P 500, millions of people will have exposure to the BTC price whether they want it or not, many without even knowing.
More cuckbucks flowing into MSTR -> more cuckbucks flowing into BTC. A positive feedback loop. Other companies will follow suit. MSTR will rise in weight in the S&P 500, causing even more dollars to flow into it and into BTC.
This is how Bitcoin will eat Wall St. from the inside out. And crash the dollar.
write
preview
0 sats \ 1 reply \ @Bell_curve 10 Nov
NASDAQ 100 or QQQ
I doubt S&P will approve a bitcoin holding company
reply
42 sats \ 0 replies \ @SpaceHodler 10 Nov
That's one of the reasons for MSTR to keep their software business.
S&P is incentivized to approve it. They want their index to grow. If it's included in QQQ but not S&P, they may see outflows.
reply