BLACKROCK AND SAYLOR JUST GAVE YOU 24 HOURS! TOMORROW I'M SELLING *THIS* TO BUY MSTR!

Introduction

BlackRock is buying large amounts of Bitcoin, with a recent purchase of $200 million. Michael Saylor has announced buying Bitcoin for the ninth straight week.

Market Analysis

• MSTR's premium has decreased to around 2%.
• Implied volatility for MSTR has been below 100 for the past seven days.
• Trading volume has been relatively thin, but picked up on Friday with a strong close.

Investment Decisions

• The speaker is selling their miners and buying MSTR.
• MSTR is planning to target up to $2 billion in a capital raise through public offerings of perpetual preferred stock in the first quarter of 2025.

Bitcoin and Crypto Market

• Countries may start mining Bitcoin, making it harder for individual miners to make a profit.
• Institutions are buying up Bitcoin, making it harder to get hands on.
• MSTR may start making money from their Bitcoin holdings through services like a Bitcoin bank or custodial services.

Regulatory Environment

• The FDIC has sent out letters telling banks to stop developing Bitcoin banking products.
• Operation Chokepoint 2.0 has been revealed, showing the government's efforts to restrict Bitcoin activities.
• The regulatory environment is uncertain, making it challenging for companies to develop Bitcoin-related products.