MicroStrategy to QQQ, Bitcoin to the Moon?
The addition to the NASDAQ 100 (QQQ) puts this "Bitcoin Treasury" company in the driver's seat to exploit the crucial flaw of today's passive investment enviornment.
Dear Fellow Expat,
Last night, I went to bed at 10 p.m.
I woke up (jarring) at 1 a.m.
I could blame the anesthesia or coming off post-surgery medication.
But I admit the truth.
Before bed, I read a stock report that blew my mind.
All I could soon think about was Michael Saylor and Bitcoin.
In the coming months, we could see a rally on Bitcoin that defies logic.
Not because I believe it will or want it to, but because adding MicroStrategy (MSTR) to the Nasdaq 100 exploits the essence of passive investing.
A Pivot That Changed Everything
Michael Saylor, the co-founder and chairman of MicroStrategy, engineered one of the most fascinating business pivots in recent history.
In 2020, COVID-19 threatened to send his company into a potential "doom loop."
With a $500 million cash shortage or a complete shutdown, Saylor transformed his business intelligence company into a leveraged Bitcoin investment vehicle.
His initial strategy was simple but a massive gamble.
He used MicroStrategy's existing capital to pu…
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