The net asset value premium rate of MicroStrategy has risen to about 2.5 times, reaching a new high since 2021

2024-10-11 22:01:28
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ChainCatcher news, according to CoinDesk, MicroStrategy (MSTR) stock price continues to rise relative to Bitcoin price, with its holding value premium reaching the highest level in over three years. According to MSTR-tracker data, MicroStrategy's net asset value (NAV) premium rate (i.e., the company's market capitalization divided by its Bitcoin holding value) has climbed to about 2.5 times, setting a new high since February 2021.

Currently, MicroStrategy's market capitalization is approximately $37.14 billion, while its holding of 252,220 Bitcoins is valued at about $15.1 billion. Since the launch of the spot Bitcoin ETF on January 11 of this year, MicroStrategy's stock price has increased by over 240%, reaching a new high on October 8.

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