Well, I “bought the damage” as the Ninepoint Shares newsletter would say lol. Just added 955 shares of MSTE at $2.50 and brought my average cost down to $8.38. Really betting on the Clarity Act vote on September 15th — if it passes, I think it could help kickstart the next crypto bull run. The Digital Asset Market Clarity Act is the most significant U.S. crypto market-structure bill to reach this stage. It aims to end years of regulatory ambiguity by creating a statutory framework for digital assets. My second bet is that 🟠 Strategy 🟠 (MSTR) gets added to the S&P 500 sometime this fall. One of the reasons they’ve been selectively selling some of their Bitcoin is to help clear the path for inclusion. Under GAAP rules, Bitcoin is marked to market, so big unrealized losses can wipe out profitability and keep them ineligible. By selling a small portion of their holdings, they’re building cash reserves (to cover preferred dividends and reduce dilution risk) and shrinking the size of those mark-to-market swings. That makes their earnings look more stable and “operating-company-like,” which is exactly what the S&P committee wants to see. Happy Investing Everyone
2,156 views
13 Comments
A I S@a.i.s · 12h
Great buy today, mstr / MSTE will eventually get new highs 🚀🚀🚀🚀
Chris @ricochico2 · 12h
Regardless the clarity act passes or not, BTC will reach all time high again and surpass its previous highs. MSTE will ride along with it.
Anthoyne @houlettv · 12h
The bullrun already started my friend the clarity act doesn’t change anything
Deadasshionately Maker@mkrdvdnd · 10h
Yeah I think the clarity act is already priced in. If it passes it will be a nice surprise. The bitcoin is going to bitcoin and the sector is going to follow. So you're good!
See the full comment section 👀Sign up for the full Blossom experience!