MSTR Share Dilution to Stack more BTC & Fund Business (Patreon)

Microstrategy is gearing up to raise $750 million by selling common stock to purchase more Bitcoin. The company has a history of purchasing Bitcoin during market downturns, and it plans to use the proceeds from the stock sale to further expand its Bitcoin holdings.

This will cause a dip which we are seeing now.  

That’s around 25,700 $BTC at today’s prices.

In addition to Bitcoin, Microstrategy also plans to use the funds to beef up its business operations and smooth out its day-to-day finances. The company is currently holding 152,800 Bitcoins, which are valued at around $4.5 billion. Microstrategy is led by CEO Michael Saylor, who is a vocal advocate for Bitcoin.

With Bitcoin prices still climbing, the stock price of Microstrategy has seen a staggering 200% surge this year. The company's bullish stance on Bitcoin has been rewarded by investors, who are betting that Microstrategy will continue to grow its Bitcoin holdings in the years to come.

MY PLAN

• I AM STILL SHORT MSTR AUG 18th $400 CALLS FOR ABOUT 5% OF MY BAG AT $29. They are at breakeven now. 
• I AM STILL SHORT A BIG BAG OF August 18th $430 Calls for 50% of my BAG I sold at $29 - they are in the money now. 
• I plan on buying the short positions back soon - then adding more MSTR for the bull run when IADSS and ARB CLOUD tells me to. 
• With out tools I find I can make so much more money playing options on MSTR than holding bitcoin - much much more. All my SL's are up many many thousands of percent this year.