REVISITING OUR DIGITAL ASSETS STEALTH PLAY in Microstrategy (ticker MSTR).
(We've almost double our money since Jan 1st stack, but there is big room to run still. JOY!!!)
Here's why: At the end of October, MicroStrategy had 158.4k BTC. To put this in context, MicroStrategy has more BTC than every publicly traded Bitcoin mining stock combined.
Today's crypto landscape is electrified by significant developments, starting with Donald Trump's World Liberty Financial (WLFI) making headlines by purchasing $12 million worth of Ethereum, Chainlink, and Aave. This strategic move has sparked speculation about a pro-crypto agenda under Trump's incoming administration, potentially reshaping the regulatory landscape. Meanwhile, Riot Platforms has successfully completed a $525 million notes offering aimed at bolstering its Bitcoin acquisition strategy, further solidifying its position in the market. As Bitcoin bounces back to the $100,000 mark amid rising expectations of a Federal Reserve rate cut, the stage is set for an exciting end to the year in the crypto sector..
UPDATE: Even with 400%+ gains on WULF and other miners, here's what many don't understand yet...
Alliance Bernstein, today:
"“Bitcoin data centers are ideal for retrofit due to high power density racks, cooling infrastructure and general data center operating capabilities,” the analyst said, adding “we expect 20% of bitcoin miner’s power capacity to pivot to AI by 2027 end.”
Chhugani reiterated his case for a "long term bitcoin structural uptrend led by growing institutional adoption." He sees the token reaching $200K by the end of 2025. "We believe AI revenue line provides a downside floor to the miners, with Bitcoin driving cyclical upside," he said.
Think about it....
Btw, you can easily gain access to the miners via a managed ETF/exchange traded fund. Check out DAPP (more aggressive) or BLOK (less volatile) for starters...
More hints the crypto faucet is about to be turned on...
Perspective: This policy update from one of the world’s largest advertising platforms is expected to take place at the end of January 2024, when it appears one or more bitcoin ETF products from the likes of BlackRock, Fidelity, ARK Invest and others could be newly approved.
This past month, Bitcoin and Ethereum were mentioned in an American Presidential primary debate for the first time ever. The notion that crypto is more politically relevant than ever is corroborated by a recent national survey called 2024 Election: The Role of Crypto conducted on Grayscale’s behalf by The Harris Poll. Key takeaways include:
Voter concerns around inflation underscore the significance of Bitcoin in an election year.
46% of voters say that they are waiting for regulatory clarity before investing in crypto.
Half of young voters, who own crypto at a higher rate than equities, are considering candidate positions on crypto before casting their votes. https://www.grayscale.com/elections?
1AM Dec 5th, 2024 Update: BITCOIN SOARS PAST 103K!
MSTR IS UP $50 ON THE OVERNIGHT MKT.
Congrats to all those who did their homework and stacked during the summer doldrums. You've earned it.
ENJOY!!
https://www.youtube.com/live/aiXQ64GXi2I?si=Y_QqLADP6rd6oT1g
REVISITING OUR DIGITAL ASSETS STEALTH PLAY in Microstrategy (ticker MSTR).
(We've almost double our money since Jan 1st stack, but there is big room to run still. JOY!!!)
Here's why: At the end of October, MicroStrategy had 158.4k BTC. To put this in context, MicroStrategy has more BTC than every publicly traded Bitcoin mining stock combined.
Must read update!
https://seekingalpha.com/article/4659047-microstrategy-its-all-about-macrostrategy
Happy Thursday!
Today's crypto landscape is electrified by significant developments, starting with Donald Trump's World Liberty Financial (WLFI) making headlines by purchasing $12 million worth of Ethereum, Chainlink, and Aave. This strategic move has sparked speculation about a pro-crypto agenda under Trump's incoming administration, potentially reshaping the regulatory landscape. Meanwhile, Riot Platforms has successfully completed a $525 million notes offering aimed at bolstering its Bitcoin acquisition strategy, further solidifying its position in the market. As Bitcoin bounces back to the $100,000 mark amid rising expectations of a Federal Reserve rate cut, the stage is set for an exciting end to the year in the crypto sector..
Update, TWO YEARS LATER..
At this point in time if someone needs you to "explain Bitcoin to them" why it's legit
The only response is to just laugh at them.
The world has moved on without them. It's not our problem they don't get it, its theirs.
Even after a quadruple, most of you STILL DON'T UNDERSTAND Microstrategy OR Bitcoin.
Do yourself a favor and listen to this ENTIRE new interview. Then listen again.
Enjoy.
https://www.youtube.com/watch?v=dc9T9POb50A
Enjoyed this #Bitcoin conversation with @MitchellHODL
- They discuss Saylor controversy, MSTR allocations & Options!
https://x.com/BritishHodl/status/1849136559917773251
UPDATE: Even with 400%+ gains on WULF and other miners, here's what many don't understand yet...
Alliance Bernstein, today:
"“Bitcoin data centers are ideal for retrofit due to high power density racks, cooling infrastructure and general data center operating capabilities,” the analyst said, adding “we expect 20% of bitcoin miner’s power capacity to pivot to AI by 2027 end.”
Chhugani reiterated his case for a "long term bitcoin structural uptrend led by growing institutional adoption." He sees the token reaching $200K by the end of 2025. "We believe AI revenue line provides a downside floor to the miners, with Bitcoin driving cyclical upside," he said.
Think about it....
Btw, you can easily gain access to the miners via a managed ETF/exchange traded fund. Check out DAPP (more aggressive) or BLOK (less volatile) for starters...
Crypto mining stock WULF has TRIPLED since this post, and now that it's above $5, institutions are able to pile on.
Thats 300% in gains since just before Christmas.
ENJOY!
Bitcoin headed for 500%+ gains in 2024. Here's why
(Not financial advice)
https://www.youtube.com/live/yM78gchamlQ?si=wTrDVMQ3VsyohWbY
Observations about portability of your money, vs
GOLD, BITCOIN ETC
https://youtube.com/shorts/J_RfqojWJ8k?si=mJv842w2wmXLillo
More hints the crypto faucet is about to be turned on...
Perspective: This policy update from one of the world’s largest advertising platforms is expected to take place at the end of January 2024, when it appears one or more bitcoin ETF products from the likes of BlackRock, Fidelity, ARK Invest and others could be newly approved.
https://www.thestreet.com/crypto/policy/googles-new-advertising-rule-paves-way-for-spot-crypto-etfs
CONGRATS STACK READERS!! CHRISTMAS IS PAID FOR! (and your car payment, mortgage payment, and next years vacay most likely)
Talk about an proverbial Embarrassment of Riches since October!
JOY!
https://seekingalpha.com/symbol/DAPP
Cryptos may fly today.
Did they just leak the etf "mainstream firehose" etf date?
Listen
https://www.youtube.com/live/BL7m_GwOxW4?si=C5Vl-AXFA9HWRlkW
MARTIN ARMSTRONG: ". Unfortunately, plenty of people will lose their shirts because of their indoctrination into a theory that does not work. The old theories were developed when the exchange rate among nations was based on metal content. There was no major debt market as today where central banks are holding the debt of other nations for reserves in this game of foreign trade and capital flows." https://www.armstrongeconomics.com/armstrongeconomics101/economics/understanding-the-failure-of-qe/?utm_source=Newsletter&utm_medium=Email&utm_campaign=RSS
New INTERVIEW! Spot bitcoin ETF in the U.S. ‘feels imminent,’ Gemini’s chief strategy officer says!
https://www.cnbc.com/video/2023/12/21/spot-bitcoin-etf-feels-imminent-gemini-chief-strategy-officer-says.html
This past month, Bitcoin and Ethereum were mentioned in an American Presidential primary debate for the first time ever. The notion that crypto is more politically relevant than ever is corroborated by a recent national survey called 2024 Election: The Role of Crypto conducted on Grayscale’s behalf by The Harris Poll. Key takeaways include:
Voter concerns around inflation underscore the significance of Bitcoin in an election year.
46% of voters say that they are waiting for regulatory clarity before investing in crypto.
Half of young voters, who own crypto at a higher rate than equities, are considering candidate positions on crypto before casting their votes. https://www.grayscale.com/elections?