🚀 This might be the next big play; if we can time it correctly. Fear. Printing. Inflation. Recession. Depression. 300 followers special for AfterHour. Okay so hear me out. I’ve been thinking about this play for a long time and I wanted to share it with the wise minds on AfterHour to get some insight and potential future plays. Thank me later and buy me a fucking coffee or a 5 star cruise ship if this one hits. Look at this post as a thought process where we can collect constructive criticism and debate. If you write a comment or react you will automatically subscribe to the post for future notifications. If you like my posts, hit me up with a follow. I spend a lot of time doing this. Nothing is written in stone, this is a future play. - @Token: “Mom taught me that a lot of stupid ideas is better than none.” I’m not trying to orange pill any of you into buying Bitcoin (you should) even though I am a huge believer myself since $3200; but I know you like stonks. It’s important to shed some light on $MSTR and its direct correlation with the price of Bitcoin. It’s very interesting to say the least. It’s a fascinating stock so put it on your watch list. MicroStrategy currently owns 140K+ Bitcoin and they keep buying more. And more. And more. With Michael Saylor as the captain of the ship, they will continue to sail the Bitcoin sea. They might even become the richest company in the world if Bitcoin hits a home run. Let that sink in. $MSTR directly correlates with the price of Bitcoin. If we look at the curve when $MSTR hit $750+ in 02/26/21 we can see that Bitcoin went up to $50K+. The price on $MSTR even lags behind the price of Bitcoin a couple of days which is important to note here. $2XX>$750+ is quite the leap. Bitcoin has been seen as a ‘risk asset’ for a very long time by whales, investors and hedge funds. Naturally; risk assets needs to be sold first when the market gets bloody. We saw that yesterday after FOMC. Classic. Given the market is now “safe” and completely “alright” 🐳 sell bitcoin and flock back to the stock market to use FIAT. Are we in a 🐂 market for a short period of time? We all know a crash is coming; the question is when. Will $MSTR fall in price when the market crashes? That’s a good question for another day. However; the narrative of Bitcoin has changed. We saw an increase in the price of Bitcoin before the debt ceiling was raised. It was seen as a ‘safe haven’ by investors and whales. A safe asset to hold your money because of fear in FIAT. On another note, who wants gold in times of war? We all know about the gold confiscations that has happened throughout history. Governments are basically allowed to seize assets (https://goldsilver.com/blog/gold-confiscation-history-myths-and-real-solutions/) in order to protect their country. They can’t confiscate Bitcoin. Now; allow me to BLOW your fucking mind! 🤯 While the SEC is busy suing Binance and Coinbase, BlackRock and the biggest banks in the US silently bought INSANE amounts of $MSTR. Now we’re seeing a crackdown on cryptocurrencies as well. My tinfoil hat can’t stop thinking about this find. It’s absolutely baffling to me. If there’s one thing I learned from the $GME loss, it’s that you don’t fuck with the 1%. We all know that shady shit happens behind closed curtains, right? Why are these banks buying a stock directly correlated to the Bitcoin price? 🔸 What if I told you that the sixth largest bank in Canada purchased $MSTR stocks for over half a million dollars in 2023. 🔸 What if I told you that Fidelity has increased their exposure to $MSTR by 29,000% in Q1 2023. 🔸 What if I told you that Bank of America (second largest bank in America) has increased their exposure to $MSTR by 47,800% in Q1 2023. 🔸 What if I told you that BlackRock has THREE TIMES the amount of Bank of America. With a 6,24% stake in $MSTR valued at $156M. We can ask ourselves; why are the biggest banks and hedge funds buying $MSTR? The answer is easy, go figure. They know something we don’t; but now we do. - @Token: “In a perfect world; if we can time this correctly you won’t use toilet paper to wipe your ass anymore, you’d use hundred dollar bills.” Now here is the key catalyst for the big play. The halving of Bitcoin. If we look at the patterns of Bitcoin, it usually tanks in price before a halving, which seems just about right looking at the price of Bitcoin now; give or take $25,000. A halving of Bitcoin happens approximately every four years and is a huge event in the Bitcoin world. It increases the scarcity of Bitcoin, which is what makes Bitcoin so great. The next halving is expected to take place between February - June 2024. 🔸 “A Bitcoin halving event occurs when the reward for mining Bitcoin transactions is cut in half. Halvings reduce the rate at which new coins are created and thus lower the available amount of new supply.” A comparison of the halvings from @therationalroot at Twitter: https://pbs.twimg.com/media/FyqrToSaUAAceYo?format=png&name=large Now, it’s impossible to predict what will happen during/after a halving. But we can look at previous halvings and form an opinion: 🔸 From the pre-halving to the first halving era, we saw a 37x increase ($31,50 to $1178). 🔸 From the second to third halving eras, we saw a 16x increase ($1178 to $19800). Looking at the curve of Bitcoin and comparing it to earlier curves before halvings, we could see Bitcoin at $100K+ levels in 2024. Now $100,000/$300,000 x 140,000+ BTC in possession of $MSTR. Now, that’s a shit ton of money! I know this is a long shot, and it’s most likely not happening any time soon, but when shit hits the fan - we might see some degenerates get very, very rich because of this play. I would love to get more wrinkly 🧠 in on this ball. I know how to research, but I’m no professional when it comes to plays. That’s where you guys shine. Let’s play. 🎤👋