Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 22 years of covering Asia Pacific equities, the past 19 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

MicroStrategy (MSTR US): A Monetary Good Or Emperor's New Clothes?

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

MicroStrategy (MSTR US): It's Cratering Time

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/strategy-inc" target="_blank" data-smartkarma-citation="entities:14717:1" rel="noopener"><strong>Strategy (MSTR US)</strong></a>'s market cap has for near-on five years, traded at a premium to its bitcoin holdings. </li>
<li>The backbone of Strategy's levered strategy is issue new shares or debt, acquire more bitcoins, which in turn, boost the share price. Rinse and repeat. Until the music stops.</li>
<li>That market cap is now at its widest discount in five years. And chairman Michael Saylor scandalously mooted the company <em>may</em> sell some bitcoins IF the discount persists.</li>
</ul>



Strategy (MSTR US)'s market cap has for near-on five years, traded at a premium to its bitcoin holdings. 
The backbone of Strategy's levered strategy is issue new shares or debt, acquire more bitcoins, which in turn, boost the share price. Rinse and repeat. Until the music stops.
That market cap is now at its widest discount in five years. And chairman Michael Saylor scandalously mooted the company may sell some bitcoins IF the discount persists.


Strategy (MSTR US)'s Bitcoin Premium Evaporates. And Then Some