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    All Forums | NFL Betting Forum

    NFL Sunday Week 11...

    «First Previous 123 ... 678 Next Last»
    Rush51
    dcpark87
    DanTan
    TDHCentral
    Beningo88
    ...
    Participants:
    Search model icon
    Views: 14388
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    «First Previous 123 ... 678 Next Last»
     
    Rush51
    Rush51
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    Posted: Nov. 17, 2024 - 8:43 PM ET #126

    @C-70Blues

     Agreed. There are lots of bad QBs in this league.  Deshaun is a shitty QB that happens to have a good QB game stat wise.  I sure as hell know CHI , NYG, CLE, CAR ( at a minimum) will never, ever be under consideration this year.  I repeat what I say here.  This isn't to to take a shot at Van ( who I highly respect), but for the newbies that are actually trying to make some money.  

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    @C-70Blues

     Agreed. There are lots of bad QBs in this league.  Deshaun is a shitty QB that happens to have a good QB game stat wise.  I sure as hell know CHI , NYG, CLE, CAR ( at a minimum) will never, ever be under consideration this year.  I repeat what I say here.  This isn't to to take a shot at Van ( who I highly respect), but for the newbies that are actually trying to make some money.  

     
    dcpark87
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    Posted: Nov. 17, 2024 - 9:12 PM ET #127

    This will be the game that kicks off your run brother peace_5 people sleepin 

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    This will be the game that kicks off your run brother peace_5 people sleepin 

     
    DanTan
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    Posted: Nov. 17, 2024 - 10:36 PM ET #128

    Rough week and year bro, just a tip, why don't you put half you bankroll to get 10 units back on something that will 90% hit?

    EG: Chiefs -1(@Carolina) w/ Steelers -2 (@Cleveland) ??

    I have made 90% of my bankroll by betting on safe parlays like these, you just need to be very selective.


    This week i hit: Miami -1 w/ Steelers +8.5

    also hit Chiefs +14.5//Colts+14.5//Over 4.5 rounds (Mike Tyson Fight) - Fight result not official till 4 rounds was completed, this was a no brainer bet.

    I literally won over 20k this weekend, and just a measly $330 from spread bets. I am not saying to just bet ML favs in a parlay like a casual, but if you are very selective in spots, it is literally free money.  I hope you get my point.

    (All parlays i have noted pay -110 to +100)

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    Rough week and year bro, just a tip, why don't you put half you bankroll to get 10 units back on something that will 90% hit?

    EG: Chiefs -1(@Carolina) w/ Steelers -2 (@Cleveland) ??

    I have made 90% of my bankroll by betting on safe parlays like these, you just need to be very selective.


    This week i hit: Miami -1 w/ Steelers +8.5

    also hit Chiefs +14.5//Colts+14.5//Over 4.5 rounds (Mike Tyson Fight) - Fight result not official till 4 rounds was completed, this was a no brainer bet.

    I literally won over 20k this weekend, and just a measly $330 from spread bets. I am not saying to just bet ML favs in a parlay like a casual, but if you are very selective in spots, it is literally free money.  I hope you get my point.

    (All parlays i have noted pay -110 to +100)

     
    TDHCentral
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    Posted: Nov. 17, 2024 - 10:38 PM ET #129

    @DanTan

     parleys are for amateurs.  Pls don't advise ppl to do that!!!

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    @DanTan

     parleys are for amateurs.  Pls don't advise ppl to do that!!!

     
    Beningo88
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    Posted: Nov. 18, 2024 - 1:54 AM ET #130

    @TDHCentral

     Not always true. If you like the side and total in the same game, it’s often correlated and hits especially if you have ml dog in that parlay. The parlay really pays out. Pitt ML and the under today a great example peace_5

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    @TDHCentral

     Not always true. If you like the side and total in the same game, it’s often correlated and hits especially if you have ml dog in that parlay. The parlay really pays out. Pitt ML and the under today a great example peace_5

     
    vanzack
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    Posted: Nov. 18, 2024 - 1:12 PM ET #131

    To everyone who posts such kind things...  I read every word posted in here, and am happy to hear that some impact is made through posting in this vast wasteland.

    Especially the old timers who remember what it was.  You uniquely identify with how we got here - the history - and context.

    Thanks.

    an_cheers

    Support your local animal shelter. I am on twitter.
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    To everyone who posts such kind things...  I read every word posted in here, and am happy to hear that some impact is made through posting in this vast wasteland.

    Especially the old timers who remember what it was.  You uniquely identify with how we got here - the history - and context.

    Thanks.

    an_cheers

     
    vanzack
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    Posted: Nov. 18, 2024 - 1:13 PM ET #132

    NO BET TONIGHT ON MNF TEXANS / COWBOYS

    GL to all

    peace_5

    Support your local animal shelter. I am on twitter.
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    NO BET TONIGHT ON MNF TEXANS / COWBOYS

    GL to all

    peace_5

     
    vanzack
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    Posted: Nov. 18, 2024 - 1:18 PM ET #133

    Quote Originally Posted by DanTan:

    Rough week and year bro, just a tip, why don't you put half you bankroll to get 10 units back on something that will 90% hit?EG: Chiefs -1(@Carolina) w/ Steelers -2 (@Cleveland) ??I have made 90% of my bankroll by betting on safe parlays like these, you just need to be very selective.This week i hit: Miami -1 w/ Steelers +8.5also hit Chiefs +14.5//Colts+14.5//Over 4.5 rounds (Mike Tyson Fight) - Fight result not official till 4 rounds was completed, this was a no brainer bet.I literally won over 20k this weekend, and just a measly $330 from spread bets. I am not saying to just bet ML favs in a parlay like a casual, but if you are very selective in spots, it is literally free money.  I hope you get my point.(All parlays i have noted pay -110 to +100)

    Hmmmm....  Never thought of this.

    I will be watching this system closely.

    peace_5

    Support your local animal shelter. I am on twitter.
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    Quote Originally Posted by DanTan:

    Rough week and year bro, just a tip, why don't you put half you bankroll to get 10 units back on something that will 90% hit?EG: Chiefs -1(@Carolina) w/ Steelers -2 (@Cleveland) ??I have made 90% of my bankroll by betting on safe parlays like these, you just need to be very selective.This week i hit: Miami -1 w/ Steelers +8.5also hit Chiefs +14.5//Colts+14.5//Over 4.5 rounds (Mike Tyson Fight) - Fight result not official till 4 rounds was completed, this was a no brainer bet.I literally won over 20k this weekend, and just a measly $330 from spread bets. I am not saying to just bet ML favs in a parlay like a casual, but if you are very selective in spots, it is literally free money.  I hope you get my point.(All parlays i have noted pay -110 to +100)

    Hmmmm....  Never thought of this.

    I will be watching this system closely.

    peace_5

     
    BallingLikeNE
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    Posted: Nov. 18, 2024 - 2:08 PM ET #134

    @DanTan

    How did you get the Chiefs to +14.5? Your book allows you to buy 12 whole points?

    Even in a 10 point teaser, it brings to Chiefs to +12.5

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    @DanTan

    How did you get the Chiefs to +14.5? Your book allows you to buy 12 whole points?

    Even in a 10 point teaser, it brings to Chiefs to +12.5

     
    nawlins51
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    Posted: Nov. 18, 2024 - 2:46 PM ET #135

    @vanzack

    Dang!!! I thought for sure we would be on the Cowboys.peace_5

     

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    @vanzack

    Dang!!! I thought for sure we would be on the Cowboys.peace_5

     

     
    vanzack
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    Posted: Nov. 18, 2024 - 4:16 PM ET #136

    Quote Originally Posted by nawlins51:

    @vanzack Dang!!! I thought for sure we would be on the Cowboys.

    I just cant.

    an_cheers

    Support your local animal shelter. I am on twitter.
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    Quote Originally Posted by nawlins51:

    @vanzack Dang!!! I thought for sure we would be on the Cowboys.

    I just cant.

    an_cheers

     
    vanzack
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    Posted: Nov. 18, 2024 - 4:17 PM ET #137

    If anyone wants to use this space to talk BTC or Microstrategies (MSTR), I would be happy to interact.

    No question or comment to basic or dumb.

    I have put in my 10k hours.  Pick my brain.

    peace_5

    Support your local animal shelter. I am on twitter.
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    If anyone wants to use this space to talk BTC or Microstrategies (MSTR), I would be happy to interact.

    No question or comment to basic or dumb.

    I have put in my 10k hours.  Pick my brain.

    peace_5

     
    jhoss00
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    Posted: Nov. 18, 2024 - 4:41 PM ET #138

    @vanzack

     What's your strongest altcoin buy, right now?

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    @vanzack

     What's your strongest altcoin buy, right now?

     
    ActionMagnet
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    Posted: Nov. 18, 2024 - 4:50 PM ET #139

    Quote Originally Posted by vanzack:

    If anyone wants to use this space to talk BTC or Microstrategies (MSTR), I would be happy to interact. No question or comment to basic or dumb. I have put in my 10k hours.  Pick my brain.

    VZ - Ethereum has grossly underperformed this year. It's the only other crypto currency that Blackrock was able to get an ETF approved for. There's a huge catch-up play brewing in my opinion. What do you think?

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    Quote Originally Posted by vanzack:

    If anyone wants to use this space to talk BTC or Microstrategies (MSTR), I would be happy to interact. No question or comment to basic or dumb. I have put in my 10k hours.  Pick my brain.

    VZ - Ethereum has grossly underperformed this year. It's the only other crypto currency that Blackrock was able to get an ETF approved for. There's a huge catch-up play brewing in my opinion. What do you think?

     
    vanzack
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    Posted: Nov. 18, 2024 - 4:50 PM ET #140

    Quote Originally Posted by jhoss00:

    @vanzack  What's your strongest altcoin buy, right now?

    There is no case for any altcoin.

    I am a BTC maximalist.  I can explain why if you like.

    Altcoins will go up and down on whims, trends, public perception.  Bitcoin is different.  It is a commoditized store of wealth that doesnt detereriorate and is inflation proof.  There is no altcoin that can say this.

    Countries and companies arent adding altcoins to their balance sheets.  The US is considering a strategic BTC reserve, not a strategic dogecoin reserve.

    It is here.  It is happening quick.  You have the opportunity to own a piece of manhattan in the year 1900.

    peace_5

    Support your local animal shelter. I am on twitter.
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    Quote Originally Posted by jhoss00:

    @vanzack  What's your strongest altcoin buy, right now?

    There is no case for any altcoin.

    I am a BTC maximalist.  I can explain why if you like.

    Altcoins will go up and down on whims, trends, public perception.  Bitcoin is different.  It is a commoditized store of wealth that doesnt detereriorate and is inflation proof.  There is no altcoin that can say this.

    Countries and companies arent adding altcoins to their balance sheets.  The US is considering a strategic BTC reserve, not a strategic dogecoin reserve.

    It is here.  It is happening quick.  You have the opportunity to own a piece of manhattan in the year 1900.

    peace_5

     
    vanzack
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    Posted: Nov. 18, 2024 - 4:53 PM ET #141

    Quote Originally Posted by ActionMagnet:

    Quote Originally Posted by vanzack: If anyone wants to use this space to talk BTC or Microstrategies (MSTR), I would be happy to interact. No question or comment to basic or dumb. I have put in my 10k hours.  Pick my brain. VZ - Ethereum has grossly underperformed this year. It's the only other crypto currency that Blackrock was able to get an ETF approved for. There's a huge catch-up play brewing in my opinion. What do you think?

    Read above post.

    There is a concept called proof of work vs proof of stake.  I would suggest researching that also.

    I am not "anti-crypto".  ETH and the rest might do fine.  But they are not BTC, they cannot provide what BTC provides, and they are not accepted at the rate that BTC is.  Countries and companies are not adding ETH to their balance sheets.

    I am singularly pro-BTC.  Once again, not saying there isn't a lot of uses for ETH and the others.  Just like your spice drawer.  You have salt, which is used everywhere - and you also have dried tarragon which you use once a year.  Doesnt mean tarragon isnt needed or wanted when you are cooking a turkey at Thanksgiving, but I would rather own stock in salt than tarragon.

    peace_5

    Support your local animal shelter. I am on twitter.
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    Quote Originally Posted by ActionMagnet:

    Quote Originally Posted by vanzack: If anyone wants to use this space to talk BTC or Microstrategies (MSTR), I would be happy to interact. No question or comment to basic or dumb. I have put in my 10k hours.  Pick my brain. VZ - Ethereum has grossly underperformed this year. It's the only other crypto currency that Blackrock was able to get an ETF approved for. There's a huge catch-up play brewing in my opinion. What do you think?

    Read above post.

    There is a concept called proof of work vs proof of stake.  I would suggest researching that also.

    I am not "anti-crypto".  ETH and the rest might do fine.  But they are not BTC, they cannot provide what BTC provides, and they are not accepted at the rate that BTC is.  Countries and companies are not adding ETH to their balance sheets.

    I am singularly pro-BTC.  Once again, not saying there isn't a lot of uses for ETH and the others.  Just like your spice drawer.  You have salt, which is used everywhere - and you also have dried tarragon which you use once a year.  Doesnt mean tarragon isnt needed or wanted when you are cooking a turkey at Thanksgiving, but I would rather own stock in salt than tarragon.

    peace_5

     
    ActionMagnet
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    Posted: Nov. 18, 2024 - 4:57 PM ET #142

    Quote Originally Posted by jhoss00:

    @vanzack  What's your strongest altcoin buy, right now?

    Easily Solana. Avax will run hard behind SOL as well. Darkhorse is SUI <--- i have this belief SUI is SOL before SOL became SOL. 

    Meme coins: PEPE, BONK my strongest holds

    Meme with super low mc that i love right now is BERT. Can be bought on Solana wallet Phantom.

    BOL clover

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    Quote Originally Posted by jhoss00:

    @vanzack  What's your strongest altcoin buy, right now?

    Easily Solana. Avax will run hard behind SOL as well. Darkhorse is SUI <--- i have this belief SUI is SOL before SOL became SOL. 

    Meme coins: PEPE, BONK my strongest holds

    Meme with super low mc that i love right now is BERT. Can be bought on Solana wallet Phantom.

    BOL clover

     
    vanzack
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    Posted: Nov. 18, 2024 - 5:03 PM ET #143

    Quote Originally Posted by ActionMagnet:

    Quote Originally Posted by jhoss00: @vanzack  What's your strongest altcoin buy, right now? Easily Solana. Avax will run hard behind SOL as well. Darkhorse is SUI <--- i have this belief SUI is SOL before SOL became SOL.  Meme coins: PEPE, BONK my strongest holds Meme with super low mc that i love right now is BERT. Can be bought on Solana wallet Phantom. BOL

    The difference between BTC and all of these is long term.

    These will go up and down wildly.  Predicting which ones will go up and down cant be backed with reasoning.

    BTC is different.  There are absolute fundamentals behind it.  There is a use case.  There is acceptance at a corporate and political level.

    Once again - not saying you cant get wildly rich in alt coins.  But I have bought a ticket on the train that is on the tracks and moving quickly, and knows where it is going.

    Just a difference of risk profile and investment goals.

    peace_5

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    Quote Originally Posted by ActionMagnet:

    Quote Originally Posted by jhoss00: @vanzack  What's your strongest altcoin buy, right now? Easily Solana. Avax will run hard behind SOL as well. Darkhorse is SUI <--- i have this belief SUI is SOL before SOL became SOL.  Meme coins: PEPE, BONK my strongest holds Meme with super low mc that i love right now is BERT. Can be bought on Solana wallet Phantom. BOL

    The difference between BTC and all of these is long term.

    These will go up and down wildly.  Predicting which ones will go up and down cant be backed with reasoning.

    BTC is different.  There are absolute fundamentals behind it.  There is a use case.  There is acceptance at a corporate and political level.

    Once again - not saying you cant get wildly rich in alt coins.  But I have bought a ticket on the train that is on the tracks and moving quickly, and knows where it is going.

    Just a difference of risk profile and investment goals.

    peace_5

     
    ActionMagnet
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    Posted: Nov. 18, 2024 - 5:04 PM ET #144

    Quote Originally Posted by vanzack:

    Quote Originally Posted by ActionMagnet: Quote Originally Posted by vanzack: If anyone wants to use this space to talk BTC or Microstrategies (MSTR), I would be happy to interact. No question or comment to basic or dumb. I have put in my 10k hours.  Pick my brain. VZ - Ethereum has grossly underperformed this year. It's the only other crypto currency that Blackrock was able to get an ETF approved for. There's a huge catch-up play brewing in my opinion. What do you think? Read above post. There is a concept called proof of work vs proof of stake.  I would suggest researching that also. I am not "anti-crypto".  ETH and the rest might do fine.  But they are not BTC, they cannot provide what BTC provides, and they are not accepted at the rate that BTC is.  Countries and companies are not adding ETH to their balance sheets. I am singularly pro-BTC.  Once again, not saying there isn't a lot of uses for ETH and the others.  Just like your spice drawer.  You have salt, which is used everywhere - and you also have dried tarragon which you use once a year.  Doesnt mean tarragon isnt needed or wanted when you are cooking a turkey at Thanksgiving, but I would rather own stock in salt than tarragon.

    I don't disagree. Every alt-coin is basically a vehicle to acquire more Bitcoin, e.g,. 20% pump on XYZ, cash out and buy Bitcoin. ETH is the closest to being an institutionalized and yield bearing asset while providing SOV.  I wouldn't fade Blackrock.

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    Quote Originally Posted by vanzack:

    Quote Originally Posted by ActionMagnet: Quote Originally Posted by vanzack: If anyone wants to use this space to talk BTC or Microstrategies (MSTR), I would be happy to interact. No question or comment to basic or dumb. I have put in my 10k hours.  Pick my brain. VZ - Ethereum has grossly underperformed this year. It's the only other crypto currency that Blackrock was able to get an ETF approved for. There's a huge catch-up play brewing in my opinion. What do you think? Read above post. There is a concept called proof of work vs proof of stake.  I would suggest researching that also. I am not "anti-crypto".  ETH and the rest might do fine.  But they are not BTC, they cannot provide what BTC provides, and they are not accepted at the rate that BTC is.  Countries and companies are not adding ETH to their balance sheets. I am singularly pro-BTC.  Once again, not saying there isn't a lot of uses for ETH and the others.  Just like your spice drawer.  You have salt, which is used everywhere - and you also have dried tarragon which you use once a year.  Doesnt mean tarragon isnt needed or wanted when you are cooking a turkey at Thanksgiving, but I would rather own stock in salt than tarragon.

    I don't disagree. Every alt-coin is basically a vehicle to acquire more Bitcoin, e.g,. 20% pump on XYZ, cash out and buy Bitcoin. ETH is the closest to being an institutionalized and yield bearing asset while providing SOV.  I wouldn't fade Blackrock.

     
    vanzack
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    Posted: Nov. 18, 2024 - 5:18 PM ET #145

    @ActionMagnet

    Cant disagree with that!

    peace_5

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    @ActionMagnet

    Cant disagree with that!

    peace_5

     
    vanzack
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    Posted: Nov. 18, 2024 - 5:19 PM ET #146

    This is the MSTR soundbyte....

    MSTR was a 6 dollar stock 4 years ago. It is 380 today.

    The reason is 100% BTC. Typical companies take accumulated cash and give it as dividends, reinvestment, or add dollars to their balance sheets. Dollars degrade over time (cost of capital and inflation).

    MSTR took all of their dollars and bought BTC.  They also issued debt (another word for selling bonds) that are convertible to stock at a later defined date.  At the same time, they dilute stock and buy more BTC also.  They have almost no dollars on their balance sheet.

    So the cycle looks like this:

    1. Issue UNSECURED convertible bonds (at 0% interest), collect tons of cash
    2. Dilute stock to also raise cash
    3. Buy BTC
    4. Stockholder BTC value goes up
    5. Repeat

    Why would anyone buy an unsecured bond at 0%?  Because MSTR offers them future prices of stock that is below projected BTC value.  They have a line of people waiting to get these bonds because they are performing at about 40% return - which is unheard of for bonds.

    BTC is an asset with a finite supply - which is key to the whole equation.  There will never be more than 21M BTC in existence, and MSTR currently owns about 1.5% of all BTC.  So when nation states - like the US - or companies decide to follow this strategy and put accrued cash in to BTC - they are fighting over less and less available BTC.  MSTR has vowed to never sell.

    If you believe it, or not - it is a case study in entrepreneurship.  Here is a guy (Michael Saylor, I suggest googling) who took a company from $6 to $380 in 4 years just by buying BTC.  Time will tell if this "infinite money glitch" holds up, but for now it is quietly an incredible story.

    Ask any questions and I will do my best.

    Support your local animal shelter. I am on twitter.
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    This is the MSTR soundbyte....

    MSTR was a 6 dollar stock 4 years ago. It is 380 today.

    The reason is 100% BTC. Typical companies take accumulated cash and give it as dividends, reinvestment, or add dollars to their balance sheets. Dollars degrade over time (cost of capital and inflation).

    MSTR took all of their dollars and bought BTC.  They also issued debt (another word for selling bonds) that are convertible to stock at a later defined date.  At the same time, they dilute stock and buy more BTC also.  They have almost no dollars on their balance sheet.

    So the cycle looks like this:

    1. Issue UNSECURED convertible bonds (at 0% interest), collect tons of cash
    2. Dilute stock to also raise cash
    3. Buy BTC
    4. Stockholder BTC value goes up
    5. Repeat

    Why would anyone buy an unsecured bond at 0%?  Because MSTR offers them future prices of stock that is below projected BTC value.  They have a line of people waiting to get these bonds because they are performing at about 40% return - which is unheard of for bonds.

    BTC is an asset with a finite supply - which is key to the whole equation.  There will never be more than 21M BTC in existence, and MSTR currently owns about 1.5% of all BTC.  So when nation states - like the US - or companies decide to follow this strategy and put accrued cash in to BTC - they are fighting over less and less available BTC.  MSTR has vowed to never sell.

    If you believe it, or not - it is a case study in entrepreneurship.  Here is a guy (Michael Saylor, I suggest googling) who took a company from $6 to $380 in 4 years just by buying BTC.  Time will tell if this "infinite money glitch" holds up, but for now it is quietly an incredible story.

    Ask any questions and I will do my best.

     
    KC_4_LIFE
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    Posted: Nov. 18, 2024 - 5:47 PM ET #147

    @vanzack

     What are your thoughts on XRP?

    Don’t let the last play affect the next play
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    @vanzack

     What are your thoughts on XRP?

     
    arubadk
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    Posted: Nov. 18, 2024 - 5:48 PM ET #148

    Ibit??? I know it’s an etf  aren’t they trying to mimick mstr

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    Ibit??? I know it’s an etf  aren’t they trying to mimick mstr

     
    vanzack
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    Posted: Nov. 18, 2024 - 5:52 PM ET #149

    @KC_4_LIFE

    XRP (anything other than BTC) is explained above in a couple of previous posts.

    Once again, just my opinion.

    an_cheers

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    @KC_4_LIFE

    XRP (anything other than BTC) is explained above in a couple of previous posts.

    Once again, just my opinion.

    an_cheers

     
     
    vanzack
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    Posted: Nov. 18, 2024 - 5:55 PM ET #150

    Quote Originally Posted by arubadk:

    Ibit??? I know it’s an etf  aren’t they trying to mimick mstr

    IBIT is a strict 1 / 1 with BTC.  If you buy 10 dollars of IBIT, you have bought 10 dollars of BTC.  It is an indexed COMMODITY ETF.

    MSTR is a company.  It can do different things with its treasury.  It has human intellectual capital.  

    MSTR is not just a BTC ETF, although on the surface it looks like it should be.  It trades at a premium - currently about 3.4X (Stock price X shares outstanding = market cap.  Market cap divided by holding BTC value is 3.4).

    A couple of reasons:

    1. Currently, there are a ton of big money funds - like pensions or money managers - who cannot buy a commodity like BTC or even the BTC etf. But they can buy a company like MSTR.
    2. MSTR is buying on leverage, where IBIT is a 1-1 bitcoin ETF. MSTR is said to have around a 2-1 performance to BTC or IBIT.
    3. MSTR can actually use their treasury to do business also. BTC cant.
    4. The stock market is forward looking. For example, 95% of Microsofts value is in their projected earnings.  It is very typical of companies with intellectual capital to trade at premiums.  It is just the difference of how companies are valued vs commodities are valued.

    That is how I understand it.  There are some betting (shorts) on the premium flattening.  But there is certainly a mania around the stock right now.  It is around 250th in market cap, and probably going to be included in the Nasdaq 100 soon (they are 60th I think).

    peace_5

    Support your local animal shelter. I am on twitter.
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    Quote Originally Posted by arubadk:

    Ibit??? I know it’s an etf  aren’t they trying to mimick mstr

    IBIT is a strict 1 / 1 with BTC.  If you buy 10 dollars of IBIT, you have bought 10 dollars of BTC.  It is an indexed COMMODITY ETF.

    MSTR is a company.  It can do different things with its treasury.  It has human intellectual capital.  

    MSTR is not just a BTC ETF, although on the surface it looks like it should be.  It trades at a premium - currently about 3.4X (Stock price X shares outstanding = market cap.  Market cap divided by holding BTC value is 3.4).

    A couple of reasons:

    1. Currently, there are a ton of big money funds - like pensions or money managers - who cannot buy a commodity like BTC or even the BTC etf. But they can buy a company like MSTR.
    2. MSTR is buying on leverage, where IBIT is a 1-1 bitcoin ETF. MSTR is said to have around a 2-1 performance to BTC or IBIT.
    3. MSTR can actually use their treasury to do business also. BTC cant.
    4. The stock market is forward looking. For example, 95% of Microsofts value is in their projected earnings.  It is very typical of companies with intellectual capital to trade at premiums.  It is just the difference of how companies are valued vs commodities are valued.

    That is how I understand it.  There are some betting (shorts) on the premium flattening.  But there is certainly a mania around the stock right now.  It is around 250th in market cap, and probably going to be included in the Nasdaq 100 soon (they are 60th I think).

    peace_5

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