According to Wu's report and MSTR-tracker data, recently the correlation coefficient between Microstrategy's stock price and BTC has reached an all-time high, with the (100x) MSTR/BTC price ratio for the first time hitting 0.5; at the same time, the premium of MSTR's stock price compared to its BTC net asset value (NAV) once reached 3.4, increasing by approximately 197% since the beginning of the year.