As Cointelegraph reported, MicroStrategy (MSTR) stock has risen 546% this year, with a market value of $99.4 billion. Its holdings of 439,000 BTC are the main reason.
If the price of Bitcoin reaches $138,000, MicroStrategy's market value will surpass Starbucks and Nike. Every time the price of Bitcoin fluctuates by $1,000, MSTR's market value changes by about $440 million.
MicroStrategy’s net asset value is approximately $40 billion, with a fully diluted market cap of $114 billion. Its debt is $7 billion, and its BTC holdings are worth approximately $47 billion.
CryptoQuant CEO Ki-Young Ju said MicroStrategy will not go bankrupt unless a natural disaster occurs.
