At 2.6x, MicroStrategy’s equity premium is exceptionally high. Since the beginning of 2021, the premium has been 2.0x or below on 94% of trading days. The historical average is 1.3x. … … While we concede that some equity value premium to spot can be argued, none of them support the current 160%.
MicroStrategy Is A Bitcoin Bank
MicroStrategy Is A Bitcoin Bank
MicroStrategy Is A Bitcoin Bank
At 2.6x, MicroStrategy’s equity premium is exceptionally high. Since the beginning of 2021, the premium has been 2.0x or below on 94% of trading days. The historical average is 1.3x. … … While we concede that some equity value premium to spot can be argued, none of them support the current 160%.