{"id":3243,"date":"2024-11-25T12:49:45","date_gmt":"2024-11-25T12:49:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3243"},"modified":"2024-11-25T12:49:45","modified_gmt":"2024-11-25T12:49:45","slug":"microstrategy-is-the-bitcoin-magnet-says-bernstein-but-not-everybodys-sold-nothing-is-free-in-finance-says-one-analyst","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3243","title":{"rendered":"MicroStrategy Is The &#8216;Bitcoin Magnet,&#8217; Says Bernstein, But Not Everybody&#8217;s Sold: &#8216;Nothing Is Free In Finance,&#8217; Says One Analyst"},"content":{"rendered":"<div>\n<p><strong>MicroStrategy Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) has been described as the \u201cBitcoin magnet,\u201d attracting billions of dollars in global capital <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42138209\/microstrategy-trading-at-insane-256-premium-to-bitcoin-holdings-research-shows\">through its unprecedented <strong>Bitcoin<\/strong><\/a><strong> <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) treasury strategy. <\/p>\n<p><strong>What Happened: <\/strong>Bernstein&#8217;s report on Monday highlights MicroStrategy&#8217;s role in mainstreaming Bitcoin on Wall Street, projecting the company could hold 4% of the global Bitcoin supply by 2033, up from 1.7% today.<\/p>\n<p>However, skeptics, including popular analyst \u2018Kryptokrates,\u2019 caution that the strategy comes with significant risks, raising questions about its long-term viability.<\/p>\n<p>Bernstein lauded MicroStrategy&#8217;s innovative model, which <a href=\"https:\/\/www.benzinga.com\/24\/11\/42151809\/michael-saylor-reveals-microstrategy-is-making-500m-a-day-with-bitcoin-may-very-well-be-the-most-profitable-company-in-the-us-growing-the-fastest-right-now\">leverages convertible debt<\/a> and equity raises to amass Bitcoin.<\/p>\n<p>The firm&#8217;s current holdings of ~300,000 BTC are valued at $32 billion, acquired at an average cost of ~$49,900 per Bitcoin. <\/p>\n<p>Bernstein projects MicroStrategy could increase its holdings to 4% of the world&#8217;s Bitcoin by 2033, assuming Bitcoin reaches $1 million per coin.<\/p>\n<p>&#8220;MicroStrategy&#8217;s &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42160774\/microstrategy-is-the-bitcoin-magnet-says-bernstein-but-not-everybodys-sold-nothing-is-free\" alt=\"MicroStrategy\" is the magnet says bernstein but not everybody sold: free in finance one analyst>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy Inc. (NASDAQ:MSTR) has been described as the \u201cBitcoin magnet,\u201d attracting billions of dollars in global capital through its unprecedented Bitcoin (CRYPTO: BTC) treasury strategy. What Happened: Bernstein&#8217;s report on Monday highlights MicroStrategy&#8217;s role in mainstreaming Bitcoin on Wall Street, projecting the company could hold 4% of the global Bitcoin supply by 2033, up from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3243","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3243"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3243\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}