The makings of the next bubble

Investment Analysis Clubs Liquid Lounge
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  • Circle IPO’ed at $31, is now trading at $270 (AH), in 2 weeks
  • Many speculative names are buying Bitcoin
  • MSTR original Bitcoin meme stock is trading at 2x of their Bitcoin holding
  • Bitcoin SPAC’s are scheduled for listing
  • Momentum stocks are trading at 50x, 75x, 100x revenue
  • A company that is losing money, and has no real revenue, associated with the president is buying back shares!!!
  • Now, the administration is thinking of Bitcoin usage as qualifying for mortgage…

What can go wrong??

"as long as the music is playing, you’ve got to get up and dance.” - Chuck Prince, CEO, Citibank, July 2007, Stock price $490

4 Likes
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CRWV and HNGE too! HNGE is just starting.

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$MSFT stock price has moved up much faster than the Bitcoin price. We all know Bitcoin is volatile, and that volatility is magnified with $MSTR. $MSTR is not a vehicle to own Bitcoin, rather it is a vehicle to 2x, 2.5x, 3.x speculation on Bitcoin. If you want to turbocharge that then do options on $MSTR.

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When the speculative fever goes down, Bitcoin will suffer, but $MSTR will suffer more. Recently there are many players entering into Bitcoin arena, they are buying, the companies are buying, countries are buying but Bitcoin price is not showing the upward velocity… makes you wonder who is left to buy, and more importantly who is selling?

It is just < 3% position, but …