BlockBeats news, November 25, CryptoQuant founder and CEO Ki Young Ju stated on social media that the premium of US stock MicroStrategy (MSTR) has returned to the levels of the 2021 bull market.
Data shows that the MSTR premium peaked in mid-2021 but never fell below zero during the last bear market. In contrast, GBTC dropped to a -48% discount during the bear market, ultimately triggering a crisis as leverage was unwound.
Ki Young Ju mentioned that Michael Saylor knows how to handle leverage, and during the 2022 bear market, he maintained the stability of MicroStrategy and effectively managed the market risks of BTC.
