Based on a (conservative) full year diluted earnings projection of $80/share, #MSTR (share price ~$400/share) is currently trading at a P/E of approximately 5. lol Eat your heart out, value investors. https://seekingalpha.com/news/4475909-strategy-q2-earnings-blow-past-consensus-aided-by-bitcoin-rally-delivers-strong-guide

Mea culpa. July is winding down. I was wrong about this particular guess regarding the fiat price of bitcoin. Haters, send the hate. It is well-deserved. Remarks: 1. I am often wrong. 2. I still think bitcoin is headed to $140k+ in the very near future. 3. I could be wrong about #2, so please ignore.

Actually, I said it could hit 475k… which seems even more la la land now. 😂🍻

Only if the PMI rips higher (to ~60) before the end of the year. It continues to disappoint, which is historically abnormal, and which (I believe) is weighing on any potential exponential move higher by bitcoin

I might watch this.

I am not just bullish right now... I AM PARTICULARLY BULLISH. #bitcoin Get some. 🔥 🐃 🔥

PSA: Sometimes life happens. It’s okay to spend your bitcoin. Not everyone (including me) needs (or wants) to leave “legacy wealth” to corrupt future generations. You do you.

Another gripping FOMC press conference today featuring Fed Chair: Jerome "Wet Blanket" Powell

I’m sincerely trying to get out of the prediction business.

Only a small number to the new bitcoin treasury company "managers" actually understand bitcoin and dollar-based financial plumbing like Saylor does. And many are literally managing billions of dollars and tens of thousands of bitcoin. It's like giving a confident five-year old the keys to brand new Ferrari and expecting a good result. The wheat will get separated from the chaff once the good times have ended.

Nauseating levels of Saylor-imitating Bitcoin treasury companies at this point. They may do well in the bull market… but there will be extreme wreckage during the subsequent bear market. Regular folks should simply stack sats and chill while the chaos unfolds. 🍿

UPDATE: 👀 Pushing my luck a bit here... I don't make the rules... I just draw the magical lines, circles, and arrows. After the recent reverse head-and-shoulders #bitcoin breakout, I would love to see a retest at the ~$113k-114k level, followed by a large bounce to the $140k-160k level. I'll probably be wrong--as I often am--but a guy can dream. As always, you do you.

Few understand that evidence-based studies aren't actually "evidence-based" if their "evidence" is/was based on false, misleading, or maliciously/selfishly incentivized "evidence." This is a *huge* issue in the US healthcare, nutrition, and pharmaceutical industries.

As this #bitcoin bull market gains momentum... Please, please remember:

Don't feed the system that feeds off of you.

Apple Inc. is the new Blockbuster. You can almost smell the increasing obsolescence.

Magical lines and circles. 👀 You do you.

Buying calls and selling puts on bitcoin proxies in my fund like a degen this morning. lol But that’s just me. You do you.

🍻

Agreed. But robotics will take longer.

Yup. 💩

Probably.

Exactly. It’s terrible, really