Bitcoin24h $118,156.36+0.79%

Ethereum24h $3,762.21+1.09%

XRP24h $3.20+1.75%

BNB24h $795.32+1.98%

Solana24h $186.42+0.66%

Dogecoin24h $0.2388+1.79%

TRON24h $0.3201+1.56%

Cardano24h $0.8309+2.13%

Hyperliquid24h $44.12+0.96%

Sui24h $4.20+5.52%

MetaPlanet has outperformed MicroStrategy by 317% this year

A $1,000 investment at the start of the year would have resulted in a $5,300 MetaPlanet position versus $1,270 for MicroStrategy.

Wall Street loves selling crypto treasury stocks

It’s difficult to explain the valuations of many crypto treasury companies trading on stock markets across the globe.

MicroStrategy’s Carl Rickertsen sold over $10M this year, admitted zero ownership, and continued an uninterrupted series of insider sales.

Just as meme stock investors invented their own terms on Reddit, MicroStrategy investors have made their own, sometimes confusing, lexicon.

Jim Chanos believes that MicroStrategy’s multiple to its BTC holdings will erode over time. Michael Saylor disagrees.