【Microstrategy on SOL, who is the leader】
DFDV released a forecast on Monday, increasing its SOL holdings, but the price dropped by 10%, and the premium fell from 3 to 2.6. The reason is quite funny; their forecast for increasing SOL holdings over a year is +260%...
What I mean is, buying coins and stocks is just betting on others increasing their holdings faster than our own expectations. SBET doubled its ETH holdings in just over a month, which justifies such a premium... Can a company that doesn't "dream big" really succeed...
Meanwhile, UPXI has 50m in newly raised cash (not counting cash), with a premium of 1.8. Once it finishes buying SOL, it will be the leader, hehe.
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