10x Research: MicroStrategy's stock price is 60% higher than its expected value
2024-03-30 04:51:07
10x Research official posted on social media stating that MicroStrategy's stock has been overvalued by 60%, and based on its actual situation, the stock price has even been overvalued by nearly 100%. A year ago, MicroStrategy's stock price did not have a premium compared to Bitcoin, and this stock has become a typical representative of this Bitcoin bull market, while the discount price of grayscale GBTC is a typical representative of the 2022 bear market. In fact, the trading price of the stock should be close to $1000, rather than in the range of $1700 to $2000.
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