10 sats \ 1 reply \ @Undisciplined 13 Mar \ parent \ on: Is MicroStrategy overvalued or undervalued? bitcoin
What would be the reason to buy them at 2x the bitcoin price, when you could just buy an ETF at closer to parity?
If their bitcoin holdings more than double, while the number of shares stay the same, then I guess you're getting good value.
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25 sats \ 0 replies \ @grayruby 14 Mar
Maybe short covering. Maybe speculation it will get added to S&P 500.
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