This morning, the total market capitalization of MicroStrategy SharpLink with stock number $ETH is 3.231 billion USD, while the total value of the ETH held by the company is 3.254 billion USD.

This also means that the overall market capitalization of MicroStrategy's ETH is less than the value of its ETH assets on the books.

NAV < 1 (discount trading phenomenon)

The reference line for bottom-fishing predicted by legendary traders has finally appeared this time.