According to PANews, cryptocurrency analyst Miles Deutscher reported that the market capitalization premium of Strategy (formerly MicroStrategy) relative to its Bitcoin holdings has decreased from 3.4 times in November last year to the current 1.6 times. Deutscher highlighted that a lower premium makes it more challenging for CEO Michael Saylor to raise funds for additional Bitcoin purchases, suggesting that the company's pace of acquiring Bitcoin may slow down.
Strategy's Bitcoin Premium Declines Impacting Future Purchases, Says Analyst
--・
AI Summary
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
107,309.2
+0.44%
Related News
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
@Binance_News