Looks like MSTR has 71 billion worth of bitcoin and a market cap of 83.2 billion. I think you’d need a hard run up in B price to offset this cause you’re under water.
Stocks that I like to go up: GLD GDXJ B SIVR SLVR REMX SETM INTC and related mining and commodity stocks or ETFs
Stocks that I do not like to go up: ALL OTHER FUCKING STOCKS
Took some profits on GLD calls and B calls today. It was hard because that shit is going crazy, but I'm still traumatized by Friday and that 12X can become a 2X overnight.
Australia just became the West’s mineral insurance policy.
Australia has offered allies (including the U.S.) shares in a planned strategic reserve of critical minerals.
Australian miners of rare earths and “critical minerals” (which includes battery metals, magnet metals, etc.) are in a good geopolitical spot: stable jurisdiction, large deposit base, and increasing interest from the U.S./allies.
Companies that (a) hold deposits of these minerals, (b) have processing capability or are moving toward it, (c) sit in a jurisdiction friendly to investment (Australia), may benefit.
Lynas (LYC.AX) – The only large-scale rare-earth producer outside China. Mt Weld mine feeds magnet metals (Nd/Pr), and expansion plans line up perfectly with U.S. defense and EV demand.
Iluka (ILU.AX) – Pivoting from mineral sands to rare-earth processing. Its Eneabba refinery is government-backed and could make Iluka the first fully integrated producer in Australia.
Arafura (ARU.AX) – Developing the Nolans project (NT) targeting Nd/Pr for permanent magnets. Early-stage but strongly aligned with the new supply-chain policy.
The real choke point isn’t mining — it’s processing and refining. Whoever builds that mid-stream capacity first owns the leverage when the West stops buying Chinese oxide.
Expect capital-heavy buildouts, long timelines, and volatility — but this is a strategic reshuffling of global materials power, not just a short-term trade.