After 4:00 am on October 31st, Beijing time, the financial reports of $MSTR and $COIN will be released. I compared the former and found that the income of BTC in the third quarter increased. Then we have to look at the average purchase price of BTC in the third quarter. There may be losses in this regard, but when the financial report is released, the price of BTC is likely to be above $65,000, so the actual income of MSTR in October should be good. The rest depends on how much #BTC was purchased in the third quarter.
In general, I am not very worried about the financial report of MSTR. After all, the price of MSTR is positively correlated with BTC. If BTC can break through a new high after the election, then even if the financial report of MSTR is not good, it will be a better bargaining point. But COIN is a little more troublesome. The poor liquidity will lead to the fact that the transaction volume and handling fees should not be too good. It mainly depends on the income from cooperation with USDC. 0 reply
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