David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 20 years of covering Asia Pacific equities, the past 16 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

Hard catalysts (M&As, spin-offs, demergers) & discount arbitrage (holdco, share-class)

Event-Driven

MicroStrategy Incorporated provides business intelligence software and related services.  The Company's technology platform enables departments and enterprises to deploy Web-based reporting and analysis solutions.  MicroStrategy also offers consulting, training, and support services.  Solutions are provided to retail, finance, telecommunications, insurance, dot-com, and healthcare industries.

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<li>
<a href="https://www.smartkarma.com/entities/microstrategy-inc-cl-a" target="_blank" data-smartkarma-citation="entities:14717:1" rel="noopener"><strong>MicroStrategy Inc Cl A (MSTR US)</strong></a> is now trading at a ~26% discount to NAV as the bitcoin barbeque continues.  </li>
<li>Bitcoin is down ~40% YTD. If it falls another 24%, this will trigger a margin call on one of its loans.</li>
<li>Should bitcoin decline to US$17.5k, MSTR's crypto bet falls short of its debt obligation; debt that its software ops are not sufficiently profitable enough to service. </li>
</ul>

Microstrategy Inc Cl A

MicroStrategy (MSTR US): Money From Nothing Is Worth?