Steno Research: MicroStrategy's Bitcoin holdings are trading at a nearly 300% premium, but it's difficult to maintain
2024-10-28 09:55:08
Steno research report point out microstrategy bitcoin holding volume premium neardesk3cryptocurrencydesktopCrypto News
The Steno Research report notes that MicroStrategy's bitcoin holdings are trading at a premium of nearly 300 percent, but it is difficult to sustain. Analyst Mads Eberhardt said that MicroStrategy's recent stock split effect is waning, while the launch of U.S. spot bitcoin ETF options will reduce investor demand for the company's stock. Additionally, the report mentions that the company's premium has mostly stayed below 200 percent during the crypto bull market of 2021. With regulatory environments becoming increasingly friendly towards bitcoin and cryptocurrencies, investors may be more inclined to hold bitcoin outright rather than MicroStrategy stock.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Steno Research：MicroStrategy 的比特币持有量溢价近 300%，但难以持续Next article：
数据：共计1013190个地址持有超过1枚BTC
