Adam Back believes the premium on MicroStrategy’s stock is reasonable as they aim to double their Bitcoin holdings over 16 to 18 months, which reflects a solid investment strategy that can reassure BTC investors.
MicroStrategy holds around 592,100 Bitcoins valued at approximately 60.89 billion USD, with MSTR stock trading at 369.70 USD, showing a 7.45% decline recently, underscoring the need for cautious evaluation of investment premiums in Bitcoin treasury companies.
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