Analyst: The premium rate of Strategy's market value relative to its Bitcoin holdings has decreased from 3.4 times to 1.6 times
ChainCatcher news, cryptocurrency analyst Miles Deutscher stated that MicroStrategy's market capitalization relative to the premium rate of its held Bitcoin assets has dropped from 3.4 times in November last year to the current 1.6 times. He pointed out that the lower this value, the more difficult it will be for Michael Saylor to raise more funds to purchase Bitcoin, which means that the pace of his Bitcoin purchases may slow down.
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags