Our Founder & CEO, Jawad Ashraf, will be speaking tomorrow at AIBC Eurasia Roadshow in Dubai.
🗓 Feb 11
🎤 Panel: AI as a Global Growth Engine: Perspectives from Business, Policy & Investment
If you’re around and interested in AI, agents, and persistent AI memory, make sure to stop by and listen.
$ASTER
{spot}(ASTERUSDT)
is in the top 2 on #CoinMarketCap, rising another 9.52% in the last 24 hours.
It continues to show very good momentum over the last 4 days with very strong signs of recovery.
Many just look at the chart and say the project is dead, that it's a scam, but when you understand the context, you know that projects like this can't die.
#ASTER hasn't stopped generating profits, even with the drop we've been experiencing since October.
Most projects suffer in a bear market, but even in this situation, ASTER continues to make money because trading also happens in bear markets, so fees are also generated. And this is what those who only look at the chart don't understand.
The L1 + staking launch is coming soon. Meanwhile, ASTER continues to generate profits, regardless of the market context, and it never will; it will always continue to generate them.
It's only a matter of time before the token reaches its true market value.
Michael Saylor informed CNBC one thing, Strategy plans no Bitcoin sales, even as price baiting carries large paper losses.
Saylor referred to the post as a long term position, but not trade. He opined that credit risk remains minimal unless Bitcoin falls 90 percent and remains long-term. In such pressure, he continues to predict debt refinancing to continue. CEO Phong Le also expressed a comparable opinion, indicating liquidation risk only appears in case Bitcoin is close to $8,000 by 2032.
A financial cushion also was mentioned by Saylor. He stated that the company has approximately two and a half years of cash flow to pay dividends and debt payments. He has included that net leverage is approximately 50 percent of a typical investment grade company.
Buying plans stay the same. Saylor reported that the company spent billions to buy Bitcoin and intends to make a purchase every quarter. On the week between 2 and 8, strategy reported another weekly acquisition of 1,142 $BTC . The unrealized loss is now reported to be approximately at $5.1B with the drop of Bitcoin below the average entry of the company at around 76,056.
He linked the recent swings of $MSTR shares to the pullbacks in Bitcoin, following a dismal four months decline as well as a recent leap of 25 percent in a single day. He further added that MSTR is traded on a high liquidity and options open interest has been placed among the leading in the U.S. markets. According to TradingView information, MSTR was trading at approximately $134.93 and was down 2.38 percent today.
Saylor resisted claims of miner costs of $60,000 floor and an 12 month price call. He indicated that in the coming 4-8 years, Bitcoin will outperform S&P 500 by 2-3 times.
#BTCMiningDifficultyDrop #SaylorStrategy #BTC