MicroStrategy Trades at an Unjustifiable Premium to Bitcoin: Kerrisdale Capital

The bitcoin price implied by MicroStrategy’s share price is $177K, 2 ½ times the spot price of the cryptocurrency, the report said.

https://www.coindesk.com/markets/2024/03/28/microstrategy-trades-at-an-unjustifiable-premium-to-bitcoin-kerrisdale-capital/?utm_medium=referral&utm_source=rss&utm_campaign=headlines