Coinspeaker
MicroStrategy (MSTR) Premium Over Bitcoin Will End Soon
Over the past many many years, investors have been betting on MicroStrategy Inc (NASDAQ: MSTR) as a proxy bet in Bitcoin. As a result, the MSTR share has continued to enjoy a massive premium over the Bitcoin
BTC
$68 507
24h volatility:
1.3%
Market cap:
$1.35 T
Vol. 24h:
$28.59 B
price gains.
However, in its latest report, Steno Research stated that the massive 300% premium that MSTR enjoys over BTC is unsustainable. Last week, the MicroStrategy stock rallied to its all-time high levels extending its year-to-date gains to more than 242%. On the other hand, Bitcoin is trading at more than 50% gains.
While Microstrategy investors and shareholders have
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