If you believe that the strategy $MSTR will succeed, then you are its potential supporter and purchasing power.
If you don't believe, that's even better; it creates a potential hedging direction in the market.
Everyone believes that Bitcoin will rise, but the strategy of coin, stock, and bond flywheel cannot operate.
Trading is a job, while having a knack for it is a talent.
✅ Recently, there are only a few hot topics in the market: ETH, SOL, crypto stocks and bonds, $HYPE, and stablecoins. The market surged due to the hype around crypto stocks and bonds (fiscal strategy), and today’s drop is because several ETH treasury companies have severely insufficient capital-raising capabilities. It’s not something you can learn just by wanting to learn microstrategy; trading is a job, while having a knack for it is a talent.
🩷 ETH treasury strategy tracking: @fabdarice strategicethreserve.xyz
------
❌ SharpLink ($SBET, stock code, not a token) and Bitmine Immersion ($BMNR) are hoarding too little $ETH. Don’t even compare with major exchanges or big VCs; compared to many early miners, they are just small fry.
The strategy ($MSTR, previously called microstrategy) is a knack:
1. It can convince the market that $BTC will always rise,
2. And that $MSTR will be the largest non-state entity holder.
This seems simple, but in reality, it’s quite complex.
4.8K
2
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.