Close menu




December 27th, 2024 | 07:40 CET

MicroStrategy buys Bitcoin! Nel ASA halved! F3 Uranium ultra-high grade!

  • Mining
  • Uranium
  • renewableenergies
  • Bitcoin
  • chips
Photo credits: pixabay.com

The Bitcoin super-bull has struck again just before Christmas. MicroStrategy purchased an additional 5,262 Bitcoins, with an average price exceeding USD 100,000. However, the potential for a setback is increasing. The story is different for F3 Uranium, where new drilling results are described as "'ultra-high grade"'! This seems to prove analysts right. They see the fair value of the uranium explorer's shares as almost 200% higher than its current level. In contrast, experts have halved their price target for Nel ASA shares. For them, the former hydrogen high-flyer is no longer a buy, as the industry faces serious problems.

time to read: 3 minutes | Author: Fabian Lorenz
ISIN: MICROSTRATEG.A NEW DL-001 | US5949724083 , NEL ASA NK-_20 | NO0010081235 , F3 URANIUM CORP | CA30336Y1079

Table of contents:


    F3 Uranium: Ultra-high grade results in uranium hot spot

    The positive news flow at F3 Uranium continues in December. Further positive results from the 2024 drilling program have been released. This makes the breakout of F3 shares from the sideways trend that has persisted since September 2024 increasingly likely. The uranium explorer's shares are currently trading at CAD 0.24. Even before the latest results, analysts at Red Cloud Securities had recommended F3 Uranium shares as a "Buy" with a target price of CAD 0.60.

    With the latest drilling results from the Patterson Lake North area (PLN), this target price is becoming increasingly realistic. Assays from hole PLN24-176 included 7.5 m of 30.9% U3O8, including an ultra-high-grade core of 4.5 m of 50.1% U3O8. In addition, the discovery starts encouragingly close to the surface at 190 m. This makes it the best drill hole in the JR zone to date. The Company considers uranium mineralization with assay results greater than 1.0% U3O8 high-grade and results greater than 20.0% U3O8 ultra-high grade.

    F3 Uranium is active in a hotspot of the Canadian uranium industry. This brings several advantages: increasing probability of a successful project, reduction of costs due to existing infrastructure, and takeover speculation, as producing neighbours can easily expand their resources. The Patterson Lake North property is 4,078 hectares in size and is located on the southwestern edge of the Athabasca Basin in western Canada. In the immediate vicinity are the high-grade, world-class uranium deposits Triple R of Fission Uranium and Arrow of NexGen Energy.

    Nel: Analysts halve price target

    Stocks in the renewable energy sector are among the disappointments of 2024. These include, in particular, the former hydrogen high-flyers Plug Power and Nel. The industry is struggling with sluggish demand, and the two pure plays are examples of heavily loss-making business models. To "refresh" its stock market story, Nel has recently jumped on the nuclear energy bandwagon. The Norwegians will supply a 10 MW alkaline electrolyser plant to Samsung C&T Corporation Engineering & Construction Group. The Koreans plan to produce hydrogen from surplus nuclear power. However, this has yet to attract investors to Nel's stock. The share is trading just above NOK 2.90, close to its annual low.

    Goldman Sachs analysts are also not convinced by Nel shares and are skeptical about the industry as a whole. Global demand is lower than analysts had previously expected. Orders are slow to come, and existing options are even being cancelled. The reason for this is regulatory uncertainty in the core markets of Europe and the US. As a result, the Nel share rating was downgraded from "Buy" to "Neutral". The price target was slashed from NOK 6 to NOK 3.

    MicroStrategy: Bitcoin bull strikes again

    What a year it has been for MicroStrategy shares! From USD 60 in January, the security shot up to around USD 500. Currently, the share is still trading at around USD 360. Company CEO Michael Saylor is one of the biggest Bitcoin bulls and has positioned the software company as one of the largest Bitcoin holders in the world in recent years. Shortly before Christmas, MicroStrategy made further purchases. It was reported that between December 16 and December 22, 2024, 5,262 Bitcoins were purchased for an average of around USD 106,662. As a result, Saylor has once again pumped more than half a billion US dollars into the crypto market. In total, the Company now holds 444,262 Bitcoins.

    However, anyone calculating the value of the Bitcoin held by MicroStrategy will notice that its market capitalization, at USD 88 billion, is about twice as high. The rationale for investing in MicroStrategy rather than directly in Bitcoin is not particularly convincing. Even the recent inclusion of the stock in the NASDAQ index does little to change this. As a result, the stock is vulnerable to significant price corrections, especially if Bitcoin's value declines. Yesterday, the price of a Bitcoin temporarily slipped below USD 95,000.


    Anyone who is convinced of the future of Bitcoin should consider a direct investment. At the current level, MicroStrategy appears to be significantly overvalued. By contrast, F3 Uranium is an exciting stock. If the positive news flow continues in the coming year, the Company will become a takeover candidate. The positive sentiment for the uranium industry should continue into the new year. In contrast, Nel shares are still not a compelling buy.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.


    Der Autor

    Fabian Lorenz

    For more than twenty years, the Cologne native has been intensively involved with the stock market, both professionally and privately. He is particularly passionate about national and international small and micro caps.

    About the author



    Related comments:

    Commented by Armin Schulz on October 1st, 2025 | 07:10 CEST

    How BYD Leverages Its Lead, How Power Metallic Mines Benefits, and Why Mercedes-Benz Needs to Catch Up

    • Mining
    • Nickel
    • Copper
    • Electromobility

    The next phase of electromobility has begun. It is no longer vehicle sales that determine the winners and losers, but rather the fierce battle for the raw materials used in their construction. While demand for copper, lithium, nickel, and cobalt is exploding, supply bottlenecks and political dependencies threaten to slow down the profitable ramp-up. Those who secure the most valuable resources today will control the entire market tomorrow. Reason enough to take a closer look at the strategic moves of BYD, Power Metallic Mines, and Mercedes-Benz, which are now setting the course for the coming decade.

    Read

    Commented by Carsten Mainitz on October 1st, 2025 | 07:05 CEST

    Almonty Industries, Gerresheimer, BASF – It is not too late yet!

    • Mining
    • Tungsten
    • Defense
    • chemicals
    • Pharma

    The race for critical high-tech goods and raw materials is already underway. The COVID-19 pandemic painfully highlighted the downsides of a globally interconnected economy. China's export ban on critical raw materials is currently having a double impact, as the country dominates the market. This effect is expected to continue to intensify in the future as demand continues to rise dynamically while supply increases only slowly. This provides a strong tailwind for raw material producers, but poses significant challenges for companies in other sectors.

    Read

    Commented by Armin Schulz on October 1st, 2025 | 07:00 CEST

    The hydrogen formula: How to position yourself in the billion-dollar market with Nel ASA, dynaCERT and Plug Power

    • Hydrogen
    • greenhydrogen
    • cleantech
    • Fuelcells
    • renewableenergies

    Global industry is facing what is arguably the greatest transformation of our time. Driven by the push for climate neutrality, the hydrogen market is rapidly gaining momentum and attracting capital once again. After a period of consolidation, the recent stock market upturn signals a new phase of maturity. The range of technologies, from green production and cleantech applications to more efficient use of fossil resources, is enormous. This is precisely where the opportunity lies for investors to find tomorrow's winners in good time. We take a look at three companies, Nel ASA, dynaCERT, and Plug Power, and analyze their opportunities.

    Read