Bruce⚡️'s avatar
Bruce⚡️
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Software developer and investor. Bitcoin is the greatest brand of all. #BITCOIN price drivers: 1. Inflation 2. Adoption 3. Utilities - L2, 3, 4, 5 applications 4. Oceans of institutions & nation states money is coming 5. Bitcoin will demonetize gold, bonds, stocks & real estate 6. Bitcoin ETF 7. FASB accounting for bitcoin 8. Bitcoin will eat all shitcoins Everything I said here is not financial advice, please do your own research.
Donald Trump to make #Bitcoin a strategic reserve asset for the USA. LFG🚀🚀🚀🚀🚀
The first UK pension scheme to invest in #Bitcoin has made a 3% allocation, says Cartwright pension advisors Cartwright advises dozens of pension funds in the U.K.
#Bitcoin's difficulty just broke 100 trillion for the first time 🚀 image
As $MSTR pulls capital from tradfi world to #bitcoin world, it fuels the bitcoin growth, which in turn fuels its own growth and the cycle keeps repeating until bitcoin reaches hundreds of trillions of market cap. View quoted note →
#Bitcoin is 8.9 times sensitivity to global liquidity, when global liquidity increases 50%, bitcoin price will increase 450%. We are looking bitcoin possibly going up to 300k next year.
JUST IN: 🇺🇸 Investors are stocking up on #Bitcoin ahead of the US presidential election - CNBC
When bitcoin reach $7M a coin, you won’t believe how cheap it was to buy it at $0.07M. You will be kicking yourself for not buying more.
Nobody can solve the problem of inflation, therefore we all need #bitcoin to stop inflation which stealing 99% of our life force with 100% certainty. The sooner you understand bitcoin, the better your financial situation will be.
$MSTR $21 billion ATM equity offering is the largest in equity market history. image
Here is my take on $MSTR: Michael Saylor believes the stock should be around 3x to 10x NAV. Let just say 3x for this calculation. They currently own over 260K #bitcoins, if bitcoin price goes up to $1M, the market cap will $260B x 3 = $780B If bitcoin price goes up to $4M, the market cap will $780B x 4 = $3.12 Trillion The above calculation is assuming MSTR bitcoin reserves doesn’t grow at all. Therefore plan accordingly my friend.
"What's the appropriate premium against the net asset value of MicroStrategy? And I just want to make one obvious point. We're a growth company. We're a bitcoin treasury company, and we are growing. We are built on an asset, bitcoin, which is growing 50% a year, and we are growing with that asset. If you review the market for common multiples of growth companies, if you had a 20% growth company, oftentimes they're valued at 25 times 40 P/E. If you have a 30% growth company, oftentimes they're valued at 35 to 55 P/E. If you have a 40% growth company, they're valued at 45 to 70 sometimes. And a company growing 50% is oftentimes valued at 60 to 100 times. And of course, Bitcoin is growing 50%. We don't know what it'll do in the future. But my personal long-term view is over 21 years, Bitcoin is going to grow 29% ARR. And looking backward, it's definitely been growing fast, 50% every year for four years. So how do you think about the value of the BTC, the bitcoin treasury operations, right? Not the balance sheet, not the not the reserves. But what's the operation worth? And if you expect 30% to 50% growth for bitcoin, then it's not unreasonable to have a 30 to 50 times multiple for that growth. And a 30 times to 50 times multiple means, if you were to look at this 6% to 10% target, 30 times ten is a 300% premium to net asset value, 50 times ten is a 500% premium. So you're talking about an operation that's 3 to 5 net asset value.” - Michael Saylor
The number of permanent job losses jumped by 153,000 in October, to 1.84 million, the highest since November 2021. Over the last 2 years, permanent job losers have risen by an alarming 665,000. The number of people who have been terminated involuntarily and are seeking work is now up for 16 straight months. In past economic cycles, such a long streak has never occurred outside of recessions. Meanwhile, Americans who were unemployed for 27 weeks and over surged by 317,000 to 1.61 million year-over-year, near the highest since February 2022. The labor market is weakening.
My guess is 95% $MSTR’s plan will work, they already have the experience and the market lead, just need careful execution. If people didn’t understand the concept, there is a reason they didn’t get in early and multiplied their money already. There is another 100x to be made, but only to people understanding the risk and reward of MSTR. View quoted note →