A quick summary from an article in Ignites this morning. Good to have someone at Capital Group who is into bitcoin. Cap Group is one of MSTRs largest shareholders
“Mark Casey, a veteran portfolio manager at Capital Group, is an outspoken advocate for Bitcoin. The longtime mutual fund company, which is known for its cautious investment style, has invested billions in companies that hold large amounts of Bitcoin on their balance sheets, including Strategy (formerly MicroStrategy), Metaplanet, and Mara Holdings.”
Fidelity on bitcoin:
“If you have a time horizon of, say, 4 to 5 years, you may want to be cautious here,” says Kuiper. “If you buy now, you might end up getting in at the top and experiencing a 60%, 70% drop in price or more, based on how bitcoin’s price has acted in previous bear markets.”
Please explain using the stock price chart where shareholders of Semler benefitted from buying bitcoin that last couple of years. I’ll hang up and listen