We did it again!
Peat and I went live again last night, which is going to bring you important details about a major step that is going to be in the crypto space coming on Monday.
You still have time Last night’s required zoom briefing Here 4.
Last time we did this bitcoin (BTC) Rocket up About 10% in just one week,
And I believe that as soon as a bigger step can happen next week…
So I thought that I would prepare you to prepare using today’s issue.
Let’s start with Microstrategy (Nasdaq:: Mstr) A business-Khufia software company that has been for almost three decades.
You must have seen the microstrate in the news recently, but this company is not doing anything in the software sector.
This is because Microstrategy is now barely a software company.
Remember how big it was last week when Microsoft shareholders voted on whether the company should buy bitcoin as asset class?
Well, the microstaret has been buying bitcoin for almost five years.
In 2020, Michael Sure, the then CEO of Microstrati, took a bold decision to start getting bitcoin as a possible hedge against inflation.
And the company kept buying bitcoins – even its price was raised.
This was a risky step. But so far the decision has paid for the microstrate in the spad.
Saylor is maintained as chairman On a large scale Increase in the company’s share price in the last five years.
This year the company shares alone are more in the form of shares 521%,
Of course, this incredible stock story has nothing to do with the company’s software business.
According to an estimate, the price of microstrati shares towards its software business represents only 0.3% of the stock value.
But the company Bitcoin business is booming!
It is so important for the microstratory business that the company had to come up with a new performance indicator.
This is called “bitcoin yield”.
And this tracks the percentage change over time in proportion to the company’s bitcoin holdings, which outstands its thin shares.
But you do not need to understand how the “bitcoin yield” works to understand why I urged to join the Peat for another Live briefing Last night.
You only need to know that the microstrate is now the owner More than 2% of the total supply of bitcoin,
A supply that is overshadowed in 21 million coins.
And it brings me to the big trick of Monday …
What is happening on Monday?
On 23 December, Microstrategy will enter the Nasdaq-100.
It is a stock market index that is reserved for the largest 100 non -objecting companies in full NASDAQ overall index by market capitalization.
And this is a big thing.
You see, Microstrategy became eligible to join the Nasdaq-100 because it is Technically A software company.
But as I have just shown to you, it credits most of its market cap for the company’s bitcoin investment strategy.
The market cap of Microstrategy is above about $ 1.4 billion on August 11, 2020, when the company first bought bitcoin $ 93.9 billion By Monday.
This is a profit of more than 6,600%.
Apparently, the recent increase of one of the main factors behind this huge profit is more than $ 107,000.
The adjacent Nasdaq-100 index membership declaration of Microstrategy also removed the stock.
But how the company acquired bitcoins on which we should focus on.
Because Microstrategy was able to do all those bitcoin purchases by taking advantage of the loan.
It sold stock and other convertible-learn prasad to help in its bitcoin purchases.
In other words, the company has created a type of infinite money loop.
As the price of its stock increases … it is capable of buying more bitcoins.
As the price of bitcoin increases … it is capable of buying more bitcoins.
And now that the company is joining the NASDAQ-100, many institutions with ETFs that mirro Nasdaq-100 will start buying a microstrate …
And this will increase the price of its share.
As the price of its stock increases … it is capable of buying more bitcoins.
Do you see what is happening here?
It is like an infinite money loop.
I want to take here
Microstrate is the largest corporate portfolio of digital assets in the world.
Its explosive growth suggests how a cryptocurrency-powered corporate strategy can work …
And its entry in Nasdaq-100 proves that its high risk bitcoin approach can achieve market acceptance.
Like I told you about Microsoft’s vote last week …
This is not a matter if it is appealed to a major corporation when purchasing bitcoins.
Perhaps it is Amazon or Apple. Microsoft’s shareholders may eventually rely.
But this will happen.
In short term, I see two things in the Nasdaq-100 of Microstrategy.
One is that it can cause large -scale spikes in bitcoin as we saw last week.
Second – and more important in the long term – proves that bitcoin is a valid form of the collateral.
We entered a new bitcoin ETF in 2004, showing people that now it is okay to invest in bitcoin.
We are ending the year by showing people that it is not just anything in which you can invest …
But something against which you can borrow.
In any way, I look at the bitcoin up and right.
And as we have seen before …
When the bitcoin goes up, make small coins Even bigger It goes on.
My concern is that if you wait till Monday, you can remember the four ultCons that I have recognized the biggest tricks.
So if you haven’t seen it … then make sure Click on this link to see last night’s immediate zoom briefing,
Respect,
Ian king
Chief Strategist, Banyan Hill Prakashan
