Summary
- An analysis has been raised that MicroStrategy's stock is undervalued considering the amount of Bitcoin it holds.
- Joo Ki-young, CEO of CryptoQuant, stated that MicroStrategy's market capitalization has decreased compared to the market value of the Bitcoin it holds.
- MicroStrategy currently holds about 450,000 BTC, which is noteworthy for investors.
There is a claim that MicroStrategy's stock is undervalued considering the amount of Bitcoin (BTC) it holds.
On the 10th (local time), Joo Ki-young, CEO of CryptoQuant, stated on X, "MicroStrategy is undervalued compared to the Bitcoin it holds."
In the chart, the green line represents the MicroStrategy Bitcoin holdings premium. Considering the decline of the green line, it is explained that MicroStrategy's market capitalization is relatively low compared to the market value of the Bitcoin the company holds.
Meanwhile, MicroStrategy currently holds about 450,000 BTC. The average purchase price is $62,691.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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