Coinvo Trading
Full-Time Trader, Public Trade Commentary
Strategy should run even harder than bitcoin, which looks set for a generational run, and will almost certainly be a top-10 stock over the next five years. It offers equity exposure alongside bitcoin, unlike buying the coin alone. On the chart it is retesting its trendline for the third time, the first after bouncing from its 2021 high, with a fresh MACD golden cross and a green histogram. x.com
Strategy might be undervalued because it holds far more Bitcoin than the first time its stock traded at the same price. At $140.51 today, it holds 848,517 BTC, versus 193,000 BTC the first time shares reached $140.51. x.com x.com
Heavy inflows could lift Strive's mNAV above Strategy's for periods because they have more impact on the smaller company. Strive could do even better than 6x versus Strategy's 4x, as investors seek the faster Bitcoin treasury stock. x.com x.com x.com
Strategy's share price is a bet on the next buyer, not on anything that produces cash. It filed a $20.8B net loss for the first half of 2026, an accounting fact about bitcoin's price, yet the stock rose this month. Neither produces a dollar, so investors are pricing a chain of strangers. x.com
Strategy is attracting some of the world's largest fund managers because they want Bitcoin exposure. Their buying supports the bullish case for MSTR as a listed vehicle for institutional Bitcoin demand. x.com
Strategy offers more upside than bitcoin because it is levered through fixed-dollar convertible debt and preferred equity: if bitcoin reaches $220,000 in 2028-29, it could deliver a much higher percentage return. It should benefit whenever bitcoin flips above $100,000 in the next few years. It can also fall twice as much as bitcoin, so holders must avoid getting stopped out. x.com x.com
Strategy needs a solid bid to preserve the premium that funds its bitcoin purchases. MSCI's new rules could eject it from global indexes and force passive selling; JPMorgan estimates $2.8 billion in Strategy share sales if that happens, or up to $8.8 billion if others follow. Without the premium, it cannot raise funds to buy bitcoin. Watch whether the rules bite on November 30. x.com
Daily STRC dividends advance Strategy's Bitcoin financing machine. Shareholders approved the payments, and Strategy's Bitcoin printer is unstoppable. x.com
Bitcoin and Strategy offer an unparalleled and underappreciated setup now that the issue around Strategy's STRC preferred is largely resolved. x.com
Falling STRC prices raise its effective yield, increasing Strategy's dividend burden and tying the instrument to occasional Bitcoin sales despite its large holdings. Saylor is promoting STRC's 12% yield paid twice a month, and the higher it is, the faster Strategy sells Bitcoin. Replying to @Blockcastcc's report of Peter Schiff's warning that Bitcoin could fall toward $20,000, Strategy should sell everything and repay: preferred holders can be paid, but common holders would be wiped out. x.com … Show more
The expected big crypto run should lift Strategy as well. x.com
