MicroStrategy bitcoin purchases aren’t stopping premium decline
MicroStrategy’s premium to its bitcoin holdings, sometimes called its NAV premium, has dropped one-third from its November all-time high.
MicroStrategy’s premium to its bitcoin holdings, sometimes called its NAV premium, has dropped one-third from its November all-time high.
The MicroStrategy chief advised the US government to purposefully dump its gold reserves solely to acquire over one-fifth of bitcoin’s supply.
Bitcoin hit an all-time high above $100K on Wednesday, yet MicroStrategy fell 4.8% the following day and closed 28% below its all-time high.
With bitcoin above $100,000, FT Alphaville took a moment to half-heartedly apologize for 13 years of consistently negative coverage.
Bitcoin’s price hit an all-time high of $103,000, placing it squarely at the head of a global crypto market worth a colossal $3.88 trillion.