CryptoQuant CEO: MSTR's Bitcoin holdings premium has returned to the level during the 2021 bull market
CryptoQuant CEO Ki Young Ju posted on X saying, "MSTR's Bitcoin premium has returned to the levels during the 2021 bull market. Its premium peaked in mid-2021 but never fell below zero in the last bear market. During this period, GBTC's negative premium rate dropped to -48%, triggering a crisis as leverage was lifted. Michael Saylor knows how to handle leverage. During the 2022 bear market, he kept MicroStrategy stable and effectively managed Bitcoin market risk."
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