You see I been studying MSTR or MicroStrategy Incorporated, they sell bonds and sell their stock shares to buy bitcoin. So I did buy some shares of MSTR and they are up since I bought them, and I think I will continue to buy them maybe one by one now days as their share price has gone up.
Now I been looking at another stock called, Leef Brands Inc. or LEEEF I would have to buy it over the counter since it is a Canadian company, though they have operations here in California.
Well the reason I am looking at LEEEF is that this stock plans on putting Bitcoin on their balance sheet. They say they are taking a page from the MSTR play book, and because of that I am looking at LEEEF for a little investment thing.
You see it is good to get into as their price per share as I write is about $.19 a share. Well, if I throw a couple of hundred dollars at it, I could get about 800 shares. LEEEF is already a good company that does extraction of the hemp plant. It is already a good company, but putting Bitcoin on their balance sheet is like the icing on top of the cake.
Of course if I do buy some I won't sell for at least 10 years or more. It is the long play that I want to get into, because I know that Bitcoin will one day be worth one million dollars in about 10 years or so and Michael Saylor of MSTR says that in 20 years or buy 2045, Michael Saylor expects Bitcoin to reach $13,000,000 per Bitcoin.
Trump will be a Bitcoin friendly president and that is a good sign. Trump even wants to slash the cost of electricity to create more business in crypto mining. How will he do it? I think he is going to deregulate those nuclear energy policies and allow the Thorium Molten Salt Reactors to be built. This will be a more super safe way of doing nuclear energy, plus Thorium is much more cheaper than the use of uranium. You see a cheaper energy.
So in LEEEF they do the recreational use, but they also do the more medicinal use of the hemp plant, and I am more interesting in the medicinal use, as the hemp plant has been used as medicine, I believe since the time of Adam and Eve.
So if you want to invest in the extration of the hemp plant and want exposure to Bitcoin at the same time, maybe LEEEF is a stock you might want to look into, but of course it is all the the long run, like 10 or 20 year play that is.
Of course I am no investment type of guy, this is all for entertainment. It is something I am looking into.
Let's end with a scripture, as it is written, But thou shalt remember the LORD thy God: for he that giveth thee power to get wealth, that he may establish his covenant which he sware unto thy fathers, as this day. Deuteronomy 8:18.
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Thank you, David.
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