#BTCOutlook
MicroStrategy's Bitcoin Premium Continues to Decline🚨🚨🚨🚨🚨🚨
According to PANews, MicroStrategy's stock premium over Bitcoin, as measured by the value of the company compared to the company's Bitcoin holdings, continues to decline. The company's valuation is currently roughly double the value of its Bitcoin holdings, which amount to roughly 439,000 Bitcoins. This ratio has fallen from a high of 3.5x in November to the current two times, indicating that MicroStrategy's stock price has not kept pace with Bitcoin's recent price movements, which saw a surge of over $100,000 before a pullback.
With a significant Bitcoin premium still present in the stock, MicroStrategy's stock price may face further downward pressure. The company's market cap is around $79 billion, with its Bitcoin holdings valued at roughly $43 billion. Additionally, MicroStrategy has $7 billion in debt. The high premium could make the stock more susceptible to adjustments as the premium continues to decline.
