u/KleinerFuchs14 · 142d ago1 prior · 100% at 3mo
“PUTs on MSTR; author already 25% in the green with existing puts”
Let's Bear Raid MSTR
Microstrategy is overleveraged with ~830k BTC purchased at an average of $75k and currently trading at $63k, financed by debt. The company is essentially a leveraged Bitcoin play that will be devastated if Bitcoin declines further, making puts an attractive bet as the AI bubble deflates.
At post $129.37Now $146.01+12.9% since postedas of Oct 23, 4:45 PM ET
1d-6.9%
3d-6.9%
1w-7.1%
1m-22.1%
3m-4.8%
6m—
1y—