Is $180 the New $1? Angel Investor’s Wild Prediction Will Leave You Speechless! 💸

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In a world where numbers dance like drunken pixies at a tavern, one prominent American angel investor, the illustrious Jason Calacanis, has declared that a price target of $180 for the business intelligence firm known as Strategy (MSTR) would be, and I quote, “generous.” Generous, mind you, like giving a cat a whole fish instead of just a sardine. 🐟

Now, this 54-year-old entrepreneur, who has probably seen more spreadsheets than a wizard has seen spells, has also mentioned that the stock is currently frolicking in “uncharted territory.” This is investor-speak for “I wouldn’t set foot there without a map and a good pair of boots.” 🥾

Calacanis, in a moment of sheer brilliance, remarked, “No one has ever bought imaginary money with massive debt, nor has anyone cornered the market on Bitcoin at this level.” Which is a bit like saying no one has ever tried to ride a dragon while juggling flaming swords. It’s risky, folks! 🔥

As reported by the ever-reliable U.Today (which sounds suspiciously like a newspaper for time travelers), Calacanis recently predicted that Strategy’s Bitcoin escapade would flop harder than a fish out of water this year. He argues that the company should be trading at a discount to net asset value (NAV), which is a fancy way of saying, “It’s worth less than you think.” 🐠

Meanwhile, the shares of MicroStrategy took a nosedive of nearly 6% on Monday, as if they were trying to impress a particularly judgmental seagull. The company’s market cap has now shrunk to a mere $71 billion, which is still a lot of zeroes, but not quite enough to buy a small country. MSTR is now down by another 4% in pre-market trading, which is like watching a slow-motion train wreck. 🚂

In the meantime, Bitcoin has decided to play hide and seek, plunging below the $90,000 mark and reaching an intraday low of $88,614. It’s like watching a rollercoaster ride, but without the safety harness. 🎢

And just when you thought it couldn’t get any more exciting, the company is on the brink of surpassing 500,000 BTC in total holdings. Following its most recent $2 billion purchase (because why not?), its average purchasing price now stands at a staggering $66,357. That’s a lot of imaginary money, folks! 💰

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2025-02-25 12:30