#MicroStrategy's stock is closely tied to #Bitcoin due to its significant holdings of the cryptocurrency. By dividing the value of all their bitcoins by the total number of outstanding shares, investors can gauge whether the shares are undervalued or overvalued.
For instance, with 215,000 bitcoins in April 2024 and around 17,000,000 shares, dividing the bitcoin value by the share count provides a simple valuation metric.
If the resulting value per share is higher than the current market price, the stock may be undervalued, indicating potential for growth. Conversely, if it's lower, the stock may be overvalued, suggesting caution for investors.
nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m is it fair?