Thursday, May 19, 2022

"Microstrategy chief: 'Bitcoin is going to go into the millions'" (MSTR)

Sadly, there are no pure-play psychiatric hospital stocks left on the market. They've been absorbed into larger organizations. On the other hand, as grandiosity and risk taking are symptoms of the manic phase of bi-polar disorders we may just be in luck with lithium producers SQM and Albemarle.

From Yahoo Finance: 

Despite bitcoin’s violent sell off, Microstrategy CEO Michael Saylor is holding firm. The bitcoin bull said he’s in it for the long term and his strategy is to buy and hold the cryptocurrency.

“There's no price target,” Saylor told Yahoo Finance Live. “I expect we'll be buying bitcoin at the local top forever. And I expect bitcoin is going to go into the millions. So we're very patient. We think it's the future of money.”....

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