MicroStrategy Growth Requirement
"MicroStrategy needs to double. And therefore, for it to do that, it needs to get to like 110, 120k."
ℹ️ In shortFor MicroStrategy's stock value to double, Bitcoin's price would need to reach between 110,000 and 120,000 dollars.
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… The break-even math, you know, getting back to break even. Sometimes this is the painful thing as well. If you're down 50% on an asset, will it rebound? The answer is yes, it will. But some assets never do. They remain zombies forever. We'll talk more about another zombie in a minute, too, as well. But MicroStrategy needs to double. And therefore, for it to do that, it needs to get to like 110, 120k. And you have another thing as well, the [sighs and gasps] former the Bitcoin beta to MicroStrategy is 2x to 2.8x, which cuts both ways, the downside and to the upside. So, if we do get a frothy Bitcoin market back again, you're going to see MicroStrategy stock pump, short squeezes, all that good stuff as well. Maybe STRC comes back as well. Uh but …
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