MRTC - The Mother Of All Bubbles. At an average cost of $75.9k per BTC, MRTC is sitting on a huge unrealised loss, not gain as was reported here. This compounds further the problem of share dilution plus interest liabilities. In the entire bubble market we are in now, MRTC, together with many of the AI and Wuantum Computing stocks, are the biggest that ate about to burst. And this time, when the bubble pops, it will make 1929, 2000 and 2008 seem like minor hiccups.
At an average cost of $75.9k per BTC, MRTC is sitting on a huge unrealised loss, not gain as was reported here. This compounds further the problem of share dilution plus interest liabilities. In the entire bubble market we are in now, MRTC, together with many of the AI and Wuantum Computing stocks, are the biggest that ate about to burst. And this time, when the bubble pops, it will make 1929, 2000 and 2008 seem like minor hiccups.
Dividends paid must always come from fresh cash generated from profits. MSTR's dividends comes from fresh cash coming from new share issues. And with Bitcoin prices falling, there is no profit generation to support paying the dividend other than from issuing more shares. How is this not a ponzi? At what point will the authorities take action?
$Strategy(MSTR)$ Israel just killed off MRTC. Bitcoin is now well below $64k. Now we wait for Iran's response. If they can't, or makes a mediocre throw of stones, Iran would have lost all credibility and their enemies will eat them alive. I think the radicals there know this and will want to make a big statement in order to hold on to lower, if the can.
$60k break down is seemingly looking more likely. I would have rather prefered last night's very short burst did not happen if this new collapse is what happened. This is only confirming the longer negative bearish term.
Ahhh... So this is the reason NVDA crashed last night. Someone's been naughty and doing some insider trading. They acted on this piece of news before the public got wind of this negative move. Same old same old. The retail traders gets served as breakfast or supper for the sharks.