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Author Topic: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’  (Read 14652 times)
fillippone (OP)
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June 23, 2024, 12:23:44 PM
 #1041



The PE ratio of Microsoft is 40x. NVIDIA 75x. Thinking you pay $150k for a bitcoin buying MSTR is a too simplistic view, is what the market currently tells us. Let's see.

Funny you mentioned P/E, as this ratio for MSTR is plain absurd.
I am not a fan of MSTR as an investment, and I have been consistently wrong in the last year or so. I know others share my opinion and are now underwater. I guess the time is going to tell us, who’s wrong, provided that being right in the long term is a useful, if you had to earlier close your position!

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bitebits
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June 26, 2024, 02:49:27 PM
Merited by JayJuanGee (1)
 #1042

[...]
- Additionally they are world's first publicly traded bitcoin development company who's products might become highly valuable going forward.
[...]

In case anyone is interested in this part, a short pitch from Saylor himself:

https://www.youtube.com/embed/A60jVnAIX40?start=2735&end=2848

- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero.
fillippone (OP)
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June 26, 2024, 05:38:27 PM
 #1043

The interesting part is Metaplanet.
They are trying to follow the steps in MicroStrategy steps.
They now hold 141 BTC, those are pocket money for Micheal Saylor, but we will see.

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