On November 25, CryptoQuant’s founder and CEO Ki Young Ju shared on social media that MicroStrategy (MSTR) stock premium has reached 2021 bull market levels. Despite MSTR premium peaking in mid-2021, it never went below zero during the last bear market. In contrast, GBTC fell to a -48% discount during the bear market, leading to a crisis due to unwound leverage.
Ki Young Ju praised Michael Saylor for his leverage management, as he kept MicroStrategy stable during the 2022 bear market and effectively managed BTC market risk.
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<p>The post MicroStrategy’s MSTR Premium Returns to Bull Market Levels: A Tale of Leverage Management first appeared on CoinBuzzFeed.</p>