#MSTR to #Bitcoin premium currently stands at 2.7, nearing its peak of 2.73 since October 11. A return to the mean could be facilitated by either a rise in Bitcoin's value significantly or a decline in MSTR's price. Which way western man?
Discussion
How about both rocketing north :-).
I just heard a concept from "Quant Bros" that MNAV should be based on the rate of change of growth. So in MSTRs case, the rate of increase of Sats per share is increasing.
NGU 🚀🚀🚀
It means the price of bitcoin bought through MSTR equity is around 160 K - give or take .. vs current market price of say 66 K ...
If someone had to stash 250 K btc what price they would pay today ? I guess more than 160 K per btc .. so I guess the premium is justified ..
In other words with mstr stock you are co-owning a pool of btc .. which is way more valuable than the value of one btc ..
That was my logic when I bought before the split. Then traded. Fuckin foolish.
Never mind .. cuz vol in mstr is reachinng 80 ..so you will have many opportunities to get in .. just be patient and keep watching ..
Mind to link something that will clue me in little more about what you mean by that?
Thee time premium on a an highy valatility asset means three times volatility .. so if bitcoin volatilty is say 25 that means mstr volatility is 75 ..