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SouthParkHodl | 7 days ago (raw) | root | parent | reply | flag +2 
 I sold some MSTR  today and moved it to a bitcoin ETF.  I don’t claim to know where the stock price should be but  when it runs from 330 to 450 this week when Bitcoin didn’t go up in price at all felt like the right thing to do.  Who knows?  Probably will go to 500 tomorrow and bitcoin will trade sub 90k
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bitcoingraffiti | 7 days ago (raw) | root | parent | reply | flag +2 
 why trade out of it when it is going to be included into the QQQ and S&P500 a year before the Bitcoin top and the guy's got 42B of capital to deploy with more yield?
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SouthParkHodl | 7 days ago (raw) | root | parent | reply | flag +2 
 I am the first to admit that I have no idea what will happen but here is my thought process.  Last cycle (someone can check me on this - I think I’m close but probably not exact), MSTR traded from 100 to 1000 while Bitcoin went from $10k to $70.  So MSTR did about a 10x while Bitcoin did a 7x.  This cycle, since breaking its prior high, Bitcoin is up 30% while MSTR is up >400% .  The price is going vertical (on a non log chart) over the last couple of weeks and so my concern is that it’s getting overheated vs the price of bitcoin.  Maybe someone big got caught long bitcoin and short MSTR and are unwinding.  Or maybe it’s normal to expect MSTR to outperform Bitcoin 10 to 1 (since breaking their prior cycle highs).  By moving to Bitcoin, I am betting that Bitcoin plays some catch up on a relative basis.
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bitcoingraffiti | 5 days ago (raw) | root | parent | reply | flag 
 The story is different now though. Saylor's got massive capital to deploy which reflexively pumps the Bitcoin price. This is something he couldn't do last cycle with the ATM. With Bitcoin still under 100k, I don't see how we've reached the top, with all the catalysts still needing to affect the stock positively: NASDAQ, FASB, SnP500, Bitcoin ETF options, CDS on MSTR, and the Bitcoin Strategic Reserve. 

Anyway, we're talking gains or even more gains. Congrats on the profits. Let's see how it pans out. But I'm still long MSTR till after S&P500 inclusion.