微风轻扬
2024-11-22

I made a 51% profit in MSTX within a week and have now closed my position. MSTX is a 2x leveraged version of MSTR, and while MSTR’s market cap is $100 billion, its Bitcoin holdings are only worth $33 billion, meaning the stock is overvalued by about three times. Given this discrepancy, I decided the risk of holding on was too high and opted to lock in my profits.

Modified in.2024-11-22
MicroStrategy Buys More BTC! Can the Stock Return to $500?
MicroStrategy founder Michael Saylor announced on the X platform: In the fourth quarter of 2024, MicroStrategy achieved a 48.0% ROI on BTC, and a 74.3% ROI on BTC for the fiscal year 2024. As of January 5, 2025, MicroStrategy holds 447,470 bitcoins. -------------------- Will Microstrategy return to $500? How do you view its BTC yield?
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Comments

  • VivianLau
    2024-11-22
    VivianLau

    50% profit on a 2x ETF—nice work! Just curious, how far do you see the downside going?

  • Tiger_comments
    2024-11-22
    Tiger_comments

    Thank you for your insights!

    What’s your target price for MSTZ? Welcome to share your winning trades! 💸📈

  • peppywoo
    2024-11-22
    peppywoo
    Great profit taking
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