Premium Post 8-23-24
Please do not consider the following to be investment advice. Each reader should think for themselves and rely on their own research and investment advisors. I’m simply sharing what I am considering or pursuing.
ALERT NO. 1: LEVERAGED WAY TO PLAY BITCOIN WITHOUT OWNING IT.
I’ve argued in the past that publicly traded Microstrategy - which at times uses leverage to buy Bitcoin - is a leveraged way to take advantage of Bitcoin price swings. See (1) Premium Post 6-19-24 - dwyer70905’s Newsletter (substack.com).
There is now a 1.75x long ETF - a single stock ETF - for Microstrategy. It attempts to give you 1.75 times the upside of simply holding Microstrategy. Its symbol is MSTX. See Tidal Trust II - Defiance Daily Target 1.75X Long MSTR ETF (MSTX) Stock Price, News, Quote & History - Yahoo Finance.
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