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RE: Microstrategy has already made more in stock price appreciation than they risked buying Bitcoin!

in LeoFinance4 years ago

This mechanic may also go in the other direction. When BTC dumps also shares of MSTR may suffer considerably. To me it looks more like a risk acceleration than risk-free investment. Anyway, if more companies enter the game, the downward-risk on both sites decreases. Thank you for the nice read.

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Yes there is that as well. Good point. However, my point was that not only did their market cap go up by the amount they were risking, it went up about 75% MORE than that. The smart play for them would be to sell some stock at this point and reduce their risk. ;)