Microstrategy Stock And BTC Price Have Hit A Record High Simultaneously!
The correlation coefficient between Microstrategy (MSTR) shares and Bitcoin (BTC) recently hit an all-time high around the same time, according to a new report from MSTR-tracker data. Additionally, the (100x) MSTR/BTC price ratio reached 0.5 for the first time this month. Additionally, over the same period, $MSTR stock has traded at a premium of 3.4 relative to its BTC price net asset value (NAV). According to reports, this number has increased by approximately 197% this year.
