Did some cyberhornet sleuthing.

Some interesting corporate attendees at the Microstrategy conference. Now, keep in mind that MSTR does offer intelligence products that are used by CFO's and Treasury teams, so not all of these are necessarily #Bitcoin related

You be the judge:

Salesforce.

Definitely seems like something is happening in terms of investing into Cryptocurrencies.

Might be related to the 'Blockchain' solutions they've been working on. (We know how that worked out for IBM)

https://t.co/JGMBNDBv0S
Mercado Libre.

They are like the Amazon of South America. Their CEO has apparently Tweeted about Bitcoin recently. Several folks from their Treasury in attendance at the conference.

https://t.co/WTfJFom7Zr
J.M. Smucker Co.

A little harder to tell here. The treasury employees could be trying to learn about Bitcoin, or they might just be trying to learn about Microstrategy intelligence solutions for data analytics.
MGM Grand.

Not sure this is Bitcoin related. They do a lot of analytics and fraud detection, and may be using MSTR intelligence to parse through that data.

But, $33.9 billion in assets! Just 1% in #Bitcoin would be a good start.
Texas Trust.

This one was most interesting to me. $65-70B in assets, and they invest in a broad spectrum of asset classes.

Texas buying Bitcoin?
University of Maryland Foundation.

Seems they have a nice tidy $1B endowment. Maybe throw a bit into #Bitcoin ?
New York Life.

$330B+ in total assets! We know about Mass Mutual recently buying Bitcoin. Could New York Life be getting FOMO and wanting to jump in next? They have dabbled in Bitcoin venture investments...
Space X.

We know Elon is a fan of #Bitcoin . But, will he maybe go with SpaceX balance sheet first instead of Tesla? It's still private, so probably less of a reporting hassle to deal with.
I saw all sorts of treasury employees from small/medium businesses, family offices, wealth management firms.

I am no finance or treasury expert, so anyone who has a background in FX hedging, treasury operations, and processes probably would have a lot to add

Fun to speculate!
Likely a lot of others that aren't showing up as well. There is an incognito mode for those who want to keep their registration for the conference private.
I work for a tech company with a large corporate balance sheet, and noticed some of our employees in the conference.

After chatting with them, they confirmed they were there for the purposes of learning about Bitcoin. (Not MSTR intelligence products)

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A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
Still wondering about this 🤔


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