

OmegaCandle 444
533 posts

@trader_dave_
I do not provide financial advice. I enjoy researching stocks I own or plan to invest in and like to share that information.







Senator @SenLummis, author of the Bitcoin Strategic Reserve bill, has just been voted chair of the new Senate Subcommittee on Digitial Assets.




Using the proceeds from its zero-coupon convertible notes offerings, MARA has acquired 11,774 BTC for ~$1.1 billion at ~$96,000 per #bitcoin and has achieved BTC Yield of 12.3% QTD and 47.6% YTD. As of 12/9/2024, we hold 40,435 BTC, currently valued at $3.9 billion based on a spot BTC price of $96,500.


You can tell Elon was ready to go at Tesla IPO day on June 29, 2010. If you held since IPO, a $10,000 investment would be worth ~$1.3 million today. Just imagine all the shorts that must have been burned along the way…