On Friday it was announced that #MSTR would be joining the NASDAQ 100 and be part of the QQQ ETF.
Presumably, that will boost their price as passive index managers jump in.
And then
will issue more convertible debt and he will buy bitcoin with it.
So at what point does #MSTR cause #BTC to jump? I think we might eb there.
And as much as my cynical brain wants to believe this #BTC surge is the result of the latest Tether print, I'm not standing in the way. Thank god trading FX made me nimble and flexible minded when trading momentum plays.