Strategy's stock market value is now reported at $64.43 billion, falling below the value of its bitcoin holdings.
Jinse Finance reported, according to Coinglass data, Strategy Inc's stock closed at $224.61, down 2.91%. The company's current total market value is about $64.43 billions, which is already lower than the total market value of its holdings of 641,692 bitcoin, calculated at the current price to be about $65.45 billions. MSTR's stock market value has fallen below the market value of its bitcoin holdings, resulting in a "negative premium" situation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analyst: Whales are accelerating Bitcoin accumulation due to favorable macroeconomic factors
Vanguard Group discloses purchase of 6 million shares of Nakamoto
Glassnode: Bitcoin long-term holders are accelerating sell-offs to take profits
"Big Short" Michael Burry suspected to have closed his hedge fund Scion Asset Management
