MicroStrategy Trading At ‘Insane’ 256% Premium To Bitcoin Holdings, Research Shows
MicroStrategy Incorporated (NASDAQ:MSTR) is trading at an astonishing 256% premium to the net asset value (NAV) of its Bitcoin (CRYPTO: BTC) holdings, according to research conducted by BitMEX.
The analysis highlights the extreme valuation disparity between MicroStrategy’s current market capitalization, driven by its aggressive Bitcoin acquisition strategy, and the actual value of the Bitcoin it holds.
“MicroStrategy’s premium is insane, perhaps in part driven by some financial regulators banning people from buying Bitcoin ETFs. These people are so desperate for Bitcoin exposure, they buy MSTR instead, despite the premium,” BitMEX Research stated.
Also Read: Strategic Bitcoin Reserve Wouldn’t Require New Taxpayer Dollars, Says Sen. Cynthia Lummis
Breaking Down the Numbers
MicroStrategy currently holds 331,200 bitcoin, valued at approximately $32.3 …
About The Author
