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Conqueeftador

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Everything posted by Conqueeftador

  1. A pretty basic paper on bitcoin, but shows Blackrock’s commitment to the asset and their etf. Evidently Larry Fink has been “orange pilled”.
  2. Looks like Fed 50bps cut in interest rates might have helped bring Bitcoin out of its slumber. Currently about 15% under its ATH with the initiation of a monetary easing cycle. 2025 will be very interesting. For those who are interested in exposure in their 401k, Microstrategy is very interesting. There are of course the etfs, but microstrategy is commanding a premium to the NAV of its BTC holdings. Why? In part because through their access of capital markets they are able to actually increase the amount of BTC per share over time. Pretty fascinating. They just raised another $875M from debt markets to buy more. Initially proposed $700M but there was extra demand.
  3. 50 bps more likely than 25 now. Senators calling for 75.
  4. Easy win this week. Thinking 34-13
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