MicroStrategy Inc (MSTR)

[chestnut42]

Back on 1/27 MSTR had an RSI of 59.35 and closed at $540. Then on 2/8 the RSI was 90.77 and closed at $1272.93. In 9 days it moved about 120%. So I bought a little more, going into the weekend. I'm hoping to do well , provided BTC continues rumbling ahead. In this volatile market a 61.7 RSI (where it stands now) is quite low.

After last weeks 1 billion dollar loan, that would mean MSTR would have at least 3.6 billion in bitcoin. With the low float and 97% institutional ownership of this company I can only see good things ahead.

[weedtrader420]

MSTR$ $2000 TARGET PRICE WOOHOOOOOOOOOOOOOOO

[talleyrand]

thinking same

[chestnut42]

A little under the RSI right now. I bought a few going into the weekend, gotta have a little faith, I suppose. Hope and charity too. GLTA

Would be nice to see a stock split, the SP is so high.

[talleyrand]

he has that vision thing

[Panzer]

I love this guy

[Marvy]

They are about to buy more BTC!!!

[Panzer]

Agree also buy some GBTC

[SimmerDownNow]

I own some Bitcoin and some MicroStrategy stock. I bought the stock inside my Roth IRA. My understanding is that there is no tax on distributions from a Roth IRA, so all of the gains are tax free.

Unfortunately I couldn't buy the actual Bitcoin inside my Roth IRA, so MicroStrategy stock was a good alternative. Since I bought it the stock has outperformed Bitcoin, but I don't think that will continue. I think that, over time, they will move in lock step. They are both going much higher from here, IMHO.

[tbut]

Was there ever any doubt? :)

[FooBarAndGrill]

According to the $MSTR detailed quote, there are 9.27M shares in issue. According to the latest 8-K(*), "Company holds approximately 71,079 bitcoins"

So, each share represents 0.0077 $BTC * $46,200 = $355.74

* FORM 8-K

[investor_kim]

Got in on the dip today. Hopefully today was just a reaction to the rest of the market and back up we go!

[Panzer]

CRUSHING already up 30% in a day lol

[terry12]

Go MSTR and CCTL!

[weedtrader420]

MSTR$ $2000 TARGET PRICE WOOHOOOOOOOOOOOOOOO

[Panzer]

Exactly, follow the big and smart money

[Panzer]

MSTR will be multiple thousands before everyone wakes up

[Panzer]

200K Bitcoin inbound

[Panzer]

I'm moving everything over here tomorrow

[chestnut42]

1k today YES !!!!

[wxcbs]

Crazy! A 1 for 10 split in 2002 and now this. Wow!

[Panzer]

I like a man with conviction

[SimmerDownNow]

I'm right there with you, Panzer. Michael Saylor is the reason I'm invested in Bitcoin.

[Panzer]

I'm betting everything on this guy

[Panzer]

Eureka!!!!

[Panzer]

Upon further review, Panzer plans to bet everything.

[Panzer]

WOW THIS GUY MY HERO:

[chestnut42]

Soaring to new ATH on Monday. How high will it go. Can't wait to see, maybe 1K or higher, later in the week.

[SimmerDownNow]

MicroStrategy adds another 295 BTC.

- The business intelligence company added 295 BTC (+7.53%) to its hoard, per a Tuesday filing.

- MicroStrategy now holds 71,079 BTC, per the filing.

https://www.coindesk.com/microstrategy-buys-more-bitcoin-february-2021

[weedtrader420]

Microstrategy buying bitcoin on the dip nice.woohoooooooo

[SimmerDownNow]

Big move today. Up 21.5%. I wish everyday was like today.

I believe this stock is going much much higher. I sure hope I'm right.

[SimmerDownNow]

Bitcoin is letting off some steam. This is a good buying opportunity before the next move up. IMHO.

[KICK1]

Yessiree! I’m all in

[weedtrader420]

Microstrategy is the KING microstrategy was the king in 2000 traded up to $700 2001 then whole market crash led by microstrategy. Little piece of History we are coming up on 20-year anniversary of microstrategy crash. Microstrategy will double or triple from here before crash LMFA$ LOL

[chestnut42]

Where did you see that target price at?

[SimmerDownNow]

I just checked the price of BTC. It is now at $40,800. It is going much higher, and MSTR will move up along with it. I am buckled up for a wild ride.

[SimmerDownNow]

Morgan Stanley Boosts Stake in Bitcoin-Laden MicroStrategy to 10.9%

https://www.coindesk.com/morgan-stanley-boosts-stake-in-bitcoin-laden-microstrategy-to-10-9

[weedtrader420]

WOOHOOOOOOO Microstrategy $1,000 Target price this week WOW! Holy moly Batman

[SimmerDownNow]

It isn't too late to get in. This is going much higher. IMHO.

[terry12]

MSTR over $600+ soon

[terry12]

MSTR and CCTL
$$$$$$$$$$$$$$$$$$$

[Amatuer17]

Check the price now of BTC - someone sold a lot of 1000 BTC and price is dropping below $31000 - same way if few more lots for sale and price can drop drastically - so if MSTR does book any profit then it will remain paper profits

[SimmerDownNow]

I don't see Michael Saylor selling his Bitcoin ever.

My understanding is that the price of the stock has been tracking along with Bitcoin.

I am long MicroStrategy and Bitcoin.

[Amatuer17]

MSTR valuation - not sure how this will be validated - not a IT company anymore but investment firm with IT as side business

Company has 7.25 million shares outstanding

Before they started investing in BTC, the total assets were $772 million which included $450 million cash

Tomorrow when the books close for 12/31 -@28,000 - their investment value will be approx $ 2.2 Billion

The maximum profit company made was $34 million and EPS was 3.35

With the net profit (on paper) from investment is approx $800 million - how can EPS be calculated?

The market cap for the co is $3.61 Billion.
With this much investment profit what should be the share price and/or market cap? Will they book profit by selling some BTC and give big dividend to SH?

[terry12]

https://bitcointreasuries.org/

[SimmerDownNow]

I should have bought the dip today, but of course I didn't. This thing is going much higher alongside Bitcoin. I'm long MSTR and Bitcoin. Michael Saylor is the reason.

[weedtrader420]

MSTR$$$$ B )

[weedtrader420]

MSTR$ $600 TARGET PRICE this week woohooooooooooo

[weedtrader420]

MSTR $350 TARGET PRICE MONDAY WOOHOOOOOOOO

[weedtrader420]

MSTR$