So I think this is true, expect $1,000 when Bitcoin approaches $444k next month.
At $1,000 STRK becomes a high yield perpetuity with a perpetual At-The-Money call option. One might expect $MSTR to become pinned at $1,000 after being magnetically drawn to it. As these prices also approximate a mNAV of precisely 1, you might expect some OG wallet Bitcoin to appear on exchange to take advantage of the opportunity to swap for exchange traded, senior preferred stocking paying a dividend.
One can imagine seeing a massive amount of liquidity hit the system at $1,000 and $444K. This might be more of a parabolic rollover than a blow-off top. Blow of tops are violent and often return to sender in less than a week. I could imagine the move from $444K to $84K might take a good while
The whales that were dumping MSTR shares over the last 3 months took us from $456 to $292 and now they are going to send us to $1,000 by EOY.
They will be happy with 250% in Q4 while they rebuy their shares and the S&P inclusion team will have no problem with Strategy this time.
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