Calls
2
Mark Palmer
Senior Equity Research Analyst, The Benchmark Company
Win Rate
0.0%
return
-14.3%
Loading charts...
Ticker
Side
Mentions
First Call
Call Price
P&L
Thesis
Theme
Source
Long
Mar 03
$132.68
-26.3%
Michael Saylor is pivoting the company's fundraising strategy toward "stretch perpetual preferred stock" rather than just convertible debt. This financial engineering allows MicroStrategy to raise capital for Bitcoin purchases without the immediate maturity walls or interest rate pressure of traditional bonds. It creates a more permanent capital base to leverage the BTC carry trade. LONG. Continued innovation in capital structure supports the premium to NAV. Bitcoin price crash (underlying asset volatility); lack of institutional demand for the preferred shares.
Michael Saylor is pivoting the company's fundraising strategy toward "stretch perpetual preferred stock" rather than just convertible debt. This financial engineering allows MicroStrategy to raise capital for Bitcoin purchases without the immediate maturity walls or interest rate pressure of traditional bonds. It creates a more permanent capital base to leverage the BTC carry trade. LONG. Continued innovation in capital structure supports the premium to NAV. Bitcoin price crash (underlying asset volatility); lack of institutional demand for the preferred shares.
Crypto Treasuries
Long
Feb 13
$164.32
-2.3%
Despite a revenue miss, the institutional platform grew 37% and subscription/services revenue now accounts for nearly 43% of the total. The company is successfully diversifying away from volatile retail trading fees into stable recurring revenue (custody, staking, stablecoin interest). The "Genius Act" and US support for stablecoins provide a regulatory tailwind. LONG COIN as it transitions from a pure crypto-exchange proxy to a broader financial infrastructure play. Crypto market crash; regulatory reversals.
Despite a revenue miss, the institutional platform grew 37% and subscription/services revenue now accounts for nearly 43% of the total. The company is successfully diversifying away from volatile retail trading fees into stable recurring revenue (custody, staking, stablecoin interest). The "Genius Act" and US support for stablecoins provide a regulatory tailwind. LONG COIN as it transitions from a pure crypto-exchange proxy to a broader financial infrastructure play. Crypto market crash; regulatory reversals.
Crypto Infrastructure
Showing 2 of 2 calls · sorted by mentions
Choose a mentions count to open ticker posts.
Mark Palmer has 2 trade ideas tracked on Buzzberg across 2 tickers since February 2026. Most covered: COIN, BTC, GLXY.
